VIVANT Corp. (PSE: VVT) announced last Thursday its wholly-owned subsidiary has secured a debt financing of up to P3.5 billion to finance its power projects. In a disclosure to the Philippine Stock Exchange, VVT said Vivant Energy Corp. (Vivant Energy) signed a 5-year term loan facility agreement with BDO Unibank…
Cebu-based firm Vivant Corp. will earmark the bulk of its capital expenditure in the next seven years for the expansion of its renewable energy portfolio
MANILA, Philippines Vivant Energy, a subsidiary of publicly listed Vivant Corp., is looking to invest P21 billion in clean energy projects as part of its goal of reaching a 30 percent renewable energy portfolio by 2030. Company president Emil Andre Garcia said the amount makes up more than 75 percent of total capital expenditures up to 2030. “Vivant Energy is committed to play a meaningful role in energy transformation and to accelerate growth.
Vivant unit bets big on RE, to invest P21 billion philstar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from philstar.com Daily Mail and Mail on Sunday newspapers.
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