Vivant Corp., a listed company based in Cebu, is investing more than P2 billion in energy projects and plans to expand its water infrastructure business, including bulk water supply and wastewater treatment.
Vivant Energy executive vice president and chief operating officer Emil Andre Garcia said during the annual stockholders’ meeting the company plans to invest over P2 billion in renewable and energy storage technologies, as well as in the hybridization of power plants.
“We plan to look into new technologies and improvements into existing technologies that would help us grow our presence in the industry while promoting more sustainable energy,” said Garcia.
“Despite the challenges presented by the pandemic, we are well-situated to carry on and thrive by adapting and future-proofing our investments in power. To continue supporting Vivant’s mission of bringing excellence to industries that improve everyday living, Vivant Energy will continue to grow its position in the power industry so Vivant can endeavor to enter into new waters,” he added.