September 13, 2025 | 12:00am
MANILA, Philippines — Listed Vivant Corp. has expanded its presence in Luzon with the acquisition of a 40-percent stake in a utility-scale photo voltaic farm in Bataan, marking its first working photo voltaic venture within the area.
Vivant, by means of Vivant Vitality Corp., spent P395 million to accumulate 40 % of Samal Photo voltaic Renewable Vitality Corp. (SSREC), securing possession of the 53.14-megawatt (MW) Samal Photo voltaic Energy Challenge.
“The funding builds on Vivant Vitality’s renewable vitality footprint in Luzon,” the corporate mentioned.
The photo voltaic venture, developed by Tigon Energy Corp. and operated below SSREC, began business operations final month. It delivers 52 MW of unpolluted energy to Corenergy, the retail electrical energy provide arm of Vivant Vitality.
“The funding reinforces Vivant Vitality’s dedication to the Division of Vitality’s name for stronger public-private partnerships that guarantee the advantages of the vitality transition are realized by means of native improvement and capability constructing,” the corporate mentioned.
The acquisition can also be aligned with the Vivant Group’s dedication to scaling up its renewable vitality portfolio over the following 5 years.
Because the group’s energy arm, Vivant Vitality is working throughout Luzon, Visayas and Mindanao, with investments in distribution, technology, retail electrical energy and engineering options.
The ability technology enterprise buoyed Vivant’s first-half efficiency, with earnings rising by 9 % to P959 million from P877 million a yr earlier.
Core earnings improved by 11 % to P962 million, whereas revenues had been decrease at P5.4 billion on decrease vitality gross sales.
“As we enter the second half, we stay excited in regards to the firm’s future, whereas we purpose for continued earnings development,” Vivant CEO Arlo Sarmiento mentioned.
