Vivant Corp. plans to invest about P67 billion in its energy and water businesses through 2030, with energy capturing 90 percent of the total, or P60 billion, and the remaining P7 billion allocated for water.
Vivant chief finance and risk officer Minuel Carmela Franco said they intend to fund the capital expenditure through debt and equity.
“How we’re planning to fund it is we’re going to do debt capital raising at Vivant Energy Corp. But we’re studying the possibility of doing a follow-on offering also. But of course, we have to consider the market conditions when we do the follow-on offering,” Franco said.
The company reiterated its plans to expand its total attributable generation capacity to 1,000 megawatts from the current 471 MW.
Vivant wants at least 30 percent of that capacity to come from renewable energy sources, aligned with its 30 by 30 target (30 percent RE in the energy portfolio by 2030).
“On the 30 percent RE, I’m quite confident we can hit that…As of now, we’re still, full steam ahead, we’re still targeting 1,000 MW,” Vivant Energy president Emil Garcia said.
Of the total planned investment, about 78 percent will go toward renewable energy projects as it moves to a more balanced portfolio across conventional and renewable energy assets to help address the country’s energy requirements.
Meanwhile, Vivant plans to spend its P7 billion allocation to grow its portfolio across the water value chain, with around 70 percent allocated for bulk water supply projects and the remaining 30 percent for water distribution operations.
“That’s primarily into expansion in the desalination space, the wastewater space as well, and developing water distribution networks in areas where we really have a presence in power. And so basically, those three segments of the water distribution, wastewater, and majority of that is in desalination,” Vivant Water president Jess Garcia said.
Through these initiatives in energy and water, Vivant moves closer to its goal of becoming a major power conglomerate with a presence in other industries by 2030 and a major Philippine conglomerate by 2040.
The company added that its next phase of expansion will focus not only on growing its portfolio but also on increasing operational control and accountability over the assets it develops and manages.
“Following the strong performance delivered in 2025 and amid the challenges encountered in the first quarter of 2026, we remain firmly committed to achieving our 2030 targets,” Vivant chief executive Arlo Sarmiento said.
“Stabilized by our strong foundation of existing investments in power and water, I am confident that our projected P60 to P70 billion in pipeline investments over the next 5 years will allow us to continue to deliver on our mission to bring excellence to industries that improve everyday living,” Sarmiento said.
The Vivant board recently approved a dividend declaration of P0.6076 per share which represents the payout from the 2025 net income, which reflects a 6 percent year on year increase.
“As Vivant continues to scale, improving shareholder value shall remain among our top priorities, alongside providing excellent service to our customers,” Franco said.
