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Vivant to pursue water, energy investments

Cebu-based utility firm Vivant Corporation remained optimistic despite the effects of COVID-19 pandemic and plans to invest further in energy and water infrastructure, including bulk water supply and wastewater treatment.

Vivant Chairman and CEO Ramontito E. Garcia

Vivant Chairman and CEO Ramontito E. Garcia said that, while the group is not the biggest player in the energy sector and is new to water, its track record as a trustworthy and reliable partner precedes it in whatever industry it chooses to venture into.

“Our partners and communities know that we keep our word. This is why time and time again, they come back to us with new projects, new opportunities,” he said.

He added that, “While we pride ourselves as a future-facing company, our integrity is built on values cemented in our history, where promises are kept. We reject the notion that you have to sacrifice honor in the name of profit.”

Vivant Senior Vice President-Business Development for Infrastructure Jess Anthony Garcia said they are looking at providing water supply solutions in water-parched Cebu as well as in other key areas in the country.

 “We are looking at different aspects of the water industry value chain.  We intend to address the water problems in Cebu and other key areas in the country by looking at opportunities for bulk water supply, water distribution, waste water treatment, and water engineering and solutions,” he said.

Wholly owned subsidiary Vivant Hydrocore Holdings Inc. has partnered with Israeli company Watermatic International to develop solutions for bulk water supply and water treatment for industry and agriculture.

One of the projects that the group is developing with partners is a wastewater treatment facility in Puerto Princesa City, Palawan.

 Vivant Energy Executive Vice President and Chief Operating Officer Emil Andre Garcia said the firm also plans to invest over P2 billion in renewable and energy storage technologies, as well as in the hybridization of existing power plants.

“We plan to look into new technologies and improvements into existing technologies that would help us grow our presence in the industry while promoting more sustainable energy,” said Garcia. He added that, “Despite the challenges presented by the pandemic, we are well-situated to carry on and thrive by adapting and future-proofing our investments in power.”


Source: Manila Bulletin (https://mb.com.ph/2020/09/28/vivant-to-pursue-water-energy-investments/?utm_source=rss&utm_medium=rss&utm_campaign=vivant-to-pursue-water-energy-investments)

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