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Vivant unit sells stake in Palawan power plant - BusinessWorld Online bworldonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bworldonline.com Daily Mail and Mail on Sunday newspapers.
Vivant to invest P433.8 million in Zubiri's power firms bworldonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bworldonline.com Daily Mail and Mail on Sunday newspapers.
SunStar + February 23, 2021 VIVANT Energy Corp. expands its investment in Mindanao by acquiring equity interest in Bukidnon Power Corp. (BPC) and North Bukidnon Power Corp. (NBPC) of Sen. Juan Miguel Zubiri. BPC and NBPC were developed by the Mindanaoan senator to address the intermittent brownouts that were plaguing the region at that time. Vivant Energy and its wholly owned subsidiary Amberdust Holding Corp. will acquire 90 percent of the outstanding shares of BPC and NBPC from its existing shareholders through share sale and purchase agreements. The purchase price for 90 percent of the shares in BPC is P205,539,482.54 and the purchase price for 90 percent of the shares in NBPC is P228,282,140.86. ....