Vivant Corp. has committed up to P46 billion in capital expenditures through 2030 to achieve its goal of having 30 percent of its portfolio sourced from renewable energy (RE), CEO Arlo Sarmiento said at the company’s annual stockholders meeting.
The investment will fund new RE projects, joint ventures, and the expansion of Vivant’s clean energy assets, underscoring the company’s long-term push toward sustainability and energy diversification. This year, Vivant is set to begin commercial operations of its 22 MW San Ildefonso solar project in Bulacan and holds a 30 percent stake in the 206 MW Lihangin Wind Energy project in Northern Samar, targeted for operation by 2027.
Despite the RE focus, Sarmiento emphasized that conventional energy assets, particularly its diesel-powered facilities with over 270 MW in capacity, remain crucial for ensuring energy reliability, especially in off-grid and high-demand areas.
As of end-2024, Vivant’s generation capacity stands at 451 MW, with a significant portion still from coal and diesel sources.
