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Vivant allots P30B for RE, infra portfolio

CEBU-BASED publicly listed company Vivant Corp. has earmarked P30 billion for its capital spending program on its renewable energy (RE) and infrastructure portfolio for this year and beyond.

Of the total amount, Vivant Corp. is allotting the bulk or P25 billion for targeted renewable projects composed of wind (196 megawatts), solar (212 MW), solar rooftop (129 MW) and hybrid (62 MW). The remaining P5 billion will be utilized for various infrastructure projects: bulk water, water treatment and water concession.