Vivant earmarks P67B for energy, water push through 2030

May 22, 2026
9:03AM PHT

Cebu-based Vivant Corp. is planning to invest around P67 billion in its energy and water businesses through 2030 as it accelerates efforts to expand critical infrastructure and strengthen its position in the utilities sector.

During its annual stockholders’ meeting on Thursday, the listed conglomerate said about P60 billion, or 90 percent of the planned investments, will be allocated for energy projects, while the remaining P7 billion will support the expansion of its water business.

Renewable push

Vivant said it aims to expand its total attributable generation capacity to 1,000 megawatts (MW) by 2030, with at least 30 percent coming from renewable energy sources under its “30 by 30” target.

Vivant Energy president Emil Garcia, Vivant Corp. CEO Arlo Sarmiento, chair Francis Damasus Garcia, corporate secretary Atty. Maila de Castro, COOO Carmela Franco, and Vivant Water president Atty. Jess Garcia. | Contributed photo

The company added that around 78 percent of its planned energy investments will go toward renewable energy developments as it works toward building a more balanced portfolio between conventional and renewable assets.

The move comes as the company seeks to help address the country’s growing energy requirements while supporting the transition to cleaner energy sources.

“Following the strong performance delivered in 2025 and amid the challenges encountered in the first quarter of 2026, we remain firmly committed to achieving our 2030 targets,” said Vivant chief executive officer Arlo G. Sarmiento.

Sarmiento said the company’s existing investments in power and water continue to provide a strong foundation for expansion.

“I am confident that our projected P60 billion to P70 billion in pipeline investments over the next five years will allow us to continue to deliver on our mission to bring excellence to industries that improve everyday living,” he added.

Arlo G. Sarmiento, Vivant Corp. CEO Arlo G. Sarmiento. | Contributed photo

Water expansion

For its water business, Vivant plans to allocate around 70 percent of the P7 billion budget to bulk water supply projects, while the remaining 30 percent will fund water distribution operations.

The company said the investments are part of its broader goal of becoming a major power conglomerate with interests in other industries by 2030 and eventually evolving into a major Philippine conglomerate by 2040.

Shareholder value

Vivant also said its next phase of growth will focus not only on expanding its portfolio but also on increasing operational control and accountability over the assets it develops and manages.

Meanwhile, chief finance and risk officer Minuel Carmela N. Franco said the company’s board recently approved a dividend declaration of P0.6076 per share, representing the payout from its 2025 net income.

She noted that the dividend reflected a 6-percent year-on-year increase, adding that improving shareholder value remains among the company’s priorities as it continues to scale operations. —- Ed: Corrie S. Narisma

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