Vivant Corporation will invest up to PHP6.4 billion in capital investment over the next three years in the power and infrastructure projects across Philippines.
Out of the total amount, PHP5 billion of the capital expenditures set to fund energy projects between 2021 and 2023. The remaining PHP1.4 billion will be allocated towards the group’s infrastructure projects. The company will also look to expand its renewable and alternate energy portfolio during this period.
Vivant is involved in electricity generation, renewable and non-renewable energy generation, electric power distribution, and retail electricity delivery. By 2023, the company aims to reach 500 MW with a 20 per cent renewable energy portfolio and 1,000 MW with a 30 per cent renewable energy portfolio by 2030.
