Vivant sets P67-B investment plan through 2030

Positioning itself to become a major Filipino conglomerate, Vivant Corp. is ramping up its expansion with a planned investment pipeline of about P67 billion through 2030.

- By BRIX LELIS

Vivant CEO Arlo Sarmiento said 90 percent of the total planned capital spending or P60 billion will be allocated to the energy business, while P7 billion will be invested in the water ventures.

“As we look toward 2030, we are laser-focused on our vision to establish Vivant as a premier power company with a robust footprint in the water sector,” Sarmiento said at the company’s annual stockholders’ meeting yesterday.

The bulk of Vivant’s planned energy investments will be channeled into renewable power projects as it shifts toward a more balanced and sustainable portfolio mix.