Vivant

What Vivant does

Vivant Corporation is a Cebu-based, publicly listed Philippine holding company (PSE:VVT) operating in energy and water infrastructure. The company is controlled by the Garcia-Escaño family and conducts business through wholly-owned subsidiaries including Vivant Energy Corporation (VEC) for power generation, Vivant Renewable Energy Corporation (VREC) for clean energy development, and Isla Mactan Cordova Corp. (IMCC) under the Vivant Water sub-brand for water supply.

The company operates across three distinct infrastructure verticals. In conventional power, Vivant Energy runs an 11 MW diesel-fired power plant in Maria municipality, Siquijor, supplying six towns across the province under a 15-year power supply agreement with the local electric cooperative signed December 30, 2025. In renewable energy, Vivant Renewable Energy Corporation (VREC) acquired Samar Philippines Renewable Corporation from Envision Energy Philippines in June 2026, gaining full ownership of the 200-MW Lavezares Wind Project in Northern Samar — projected to generate 695 GWh annually and reduce greenhouse gas emissions by ~487,000 metric tons per year upon commissioning by end of 2028. In water, Vivant Water's IMCC subsidiary began partial operations of a seawater desalination facility in Metro Cebu in July 2026, scaling to 20,000 cubic meters/day under a 25-year agreement with the Metropolitan Cebu Water District, serving approximately 30,000 households.

Vivant's business model is anchored in long-term, subscription-style recurring revenue from government counterparties — provincial electric cooperatives, municipal water utilities, and the national Green Energy Auction Program. Pricing is not publicly disclosed and contracts are negotiated bilaterally or through government procurement. The company pursues a diversification strategy combining conventional generation, climate-resilient water infrastructure, and renewable energy expansion, with a stated target of 30% renewable capacity in its energy mix by 2030. Recognized on Forbes Asia's 'Best Under A Billion 2026' list, Vivant operates from offices in Mandaue/Cebu City with operational sites across the Visayas region.

Name

Vivant

Legal name

Vivant Corporation

Website

https://vivant.com.ph

Company type

Public

Founded year

1990

Operating status

Operating

Headcount range

101–250 employees

Short description

Vivant Corporation is a Cebu-based, publicly listed Philippine holding company that operates energy and water infrastructure through subsidiaries, supplying diesel-generated power to Siquijor province, developing a 200-MW wind project in Northern Samar, and running a seawater desalination facility in Metro Cebu for government and utility customers.

Ownership category

akta.pro rank

Product category

Electric Utility and Water Infrastructure Services

NAICS

Wind Electric Power Generation (221115), Electric Power Generation (22111), Electric Power Generation, Transmission and Distribution (2211)

SIC

Water Supply (4941), Cogeneration Services & Small Power Producers (4991)

akta.pro primary industry

Multi-Utility Distribution Companies (Electric + Gas/Water Distribution) (EUADABAJ)

Keywords

• Electric power generation
• Renewable energy development
• Seawater desalination
• Power supply agreements
• Water infrastructure services

Headquarters

HQ city

Mandaue

HQ country

Philippines

HQ region

Asia

Offices5 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Infrastructure, Operations, Personnel, Technology or R&D, Supply Chain

Revenue model

1. Power Supply Agreements: Long-term contracts with provincial governments and electric cooperatives to supply electricity. Revenue is generated through capacity delivery and energy supply under fixed-duration agreements (e.g., 15-year contracts).
2. Water Supply Services: Desalinated water supply to Metropolitan Cebu Water District under a 25-year water supply agreement. Revenue from water sales based on volume delivered.
3. Renewable Energy Generation: Wind energy generation under the Philippines' Green Energy Auction Program. Approximately 36% of the 200-MW wind project's capacity is contracted under the program with remaining capacity available for merchant exposure.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core offering

Vivant Corporation operates as a Philippine energy and water infrastructure holding company. Through subsidiaries, it generates and distributes electricity under long-term power supply agreements with provincial governments and electric cooperatives, develops utility-scale renewable energy (notably the 200-MW Lavezares Wind Project), and supplies desalinated water to municipal water districts via seawater desalination facilities.

Product overview

Vivant Corporation is a Cebu-based holding company operating primarily through two business segments: energy and water. On the energy side, Vivant Energy and Vivant Renewable Energy Corporation (VREC) manage power generation assets including diesel plants supplying electric cooperatives and renewable wind projects. VREC acquired Samar Philippines Renewable Corporation in 2026 to develop the 200-MW Lavezares Wind Project. Vivant Energy operates a diesel plant in Maria municipality serving Siquijor province under a 15-year agreement. On the water side, Vivant Water, through its subsidiary Isla Mactan Cordova Corp. (IMCC), operates seawater desalination facilities in Metro Cebu to address regional water scarcity. The company pursues a diversification strategy combining conventional fossil fuel generation with climate-resilient renewable energy and water infrastructure.

Differentiator

Problem solved

Functional benefit

Brands

• Vivant Renewable Energy Corporation (VREC): Subsidiary focused on renewable energy development and acquisitions
• Lavezares Wind Project

Products and services

• Siquijor Power Supply Service Diesel-fired baseload and intermediate power supply of 11 MW capacity delivered to the Siquijor Electric Cooperative for distribution across six towns in Siquijor province under a 15-year power supply agreement signed December 30, 2025, ending up to 20-hour daily outages following the previous provider's shutdown.
• Metro Cebu Seawater Desalination Service Climate-resilient desalinated water supply from a seawater desalination facility operated by subsidiary Isla Mactan Cordova Corp. (IMCC) in Metro Cebu, supplying the Metropolitan Cebu Water District (MCWD) under a 25-year water supply agreement signed April 2025; initial delivery of 5,000 cubic meters/day scaling to 20,000 cubic meters/day, sufficient to serve approximately 30,000 households.
• Lavezares Wind Project 200-MW utility-scale wind generation development in Northern Samar acquired by Vivant Renewable Energy Corporation (VREC) from Envision Energy Philippines, projected to generate 695 GWh annually, reduce greenhouse gas emissions by nearly 487,000 metric tons per year, and power approximately 190,000 households once commissioned (targeted end of 2028), with ~36% of capacity contracted under the Philippines' Green Energy Auction Program.

Quantifiable outcome

• 695 GWh of renewable energy generated annually, powering approximately 190,000 households
• +4 more outcomes

Named customers3 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Six partnerships are on record, tiered core and minor.

• Samar Philippines Renewable Corporation (SPRC)coreTechnology or Integration · 1 June 2026SPRC is a wholly-owned subsidiary of Vivant Renewable Energy Corporation (VREC) following acquisition from Envision Energy Philippines Corporation. SPRC holds the 200-MW Lavezares Wind Project under development in Northern Samar, expected to commission by end of 2028 and generate 695 GWh annually.
• Envision Energy Philippines CorporationminorStrategic or Co-development Partner · 1 June 2026Envision Energy sold all shares of Samar Philippines Renewable Corporation (SPRC) to Vivant Renewable Energy Corporation (VREC). The transaction transferred ownership of the 200-MW wind project to Vivant. Financial terms were not disclosed.
• Province of Siquijor Electric CooperativecoreChannel Partner/ Reseller/ Distributor · 30 December 2025Vivant Energy signed a 15-year power supply agreement with Siquijor Electric Cooperative on December 30, 2025, to supply 11 MW of capacity from its diesel plant in Maria municipality to six towns across Siquijor province. This ended the island's search for a stable provider following SIPCOR's shutdown.
• Isla Mactan Cordova Corp. (IMCC)coreStrategic or Co-development Partner · 1 April 2025IMCC is a subsidiary of Vivant Water that operates the seawater desalination facility in Metro Cebu. Under a 25-year water supply agreement signed in April 2025, IMCC began partial operations on July 1, 2026, delivering desalinated water to Metropolitan Cebu Water District (MCWD). The facility will eventually deliver 20,000 cubic meters daily.
• Metropolitan Cebu Water District (MCWD)coreChannel Partner/ Reseller/ Distributor · 1 April 2025MCWD is the municipal water utility purchasing desalinated water from Vivant Water's subsidiary IMCC under a 25-year water supply agreement. Initial supply began at 5,000 cubic meters/day in July 2026, scaling to 20,000 cubic meters/day.
• Delta P, Inc.minorStrategic or Co-development Partner · 1 January 2025Delta P, Inc. operates a power plant in Puerto Princesa, Palawan, which was expanded using Wärtsilä engines to increase capacity from 30 MW to 44.4 MW. While Vivant is mentioned in context of the Philippine power sector, Delta P is a separate entity operating the plant to meet supply requirements with Palawan Electric Cooperative.

Scale indicators8 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• Manila Electric Company (Meralco): Meralco (PSE:MER) is the Philippines' largest electric distribution utility, supplying power to Metro Manila and surrounding provinces under a franchise and power supply agreements with generators. Comparable to Vivant on the electric-distribution-and-supply side and on the long-term PPA contracting model with cooperatives and end-users.
• First Gen Corporation: First Gen (PSE:FGEN) is one of the Philippines' largest independent power producers, operating natural gas, geothermal, hydro, and wind assets under long-term contracts with distribution utilities and electric cooperatives. Highly comparable to Vivant on the contracted-renewables-plus-fossil generation model.
• Manila Water Company: Manila Water (PSE:MWC) operates the Metropolitan Manila east zone water concession and has expanded to Vietnam and Indonesia under long-term concession agreements with municipal utilities. Directly comparable to Vivant Water/IMCC's 25-year water supply agreement with MCWD on the contracted concession model, though at far greater scale.
• Maynilad Water Services: Maynilad operates the Metropolitan Manila west zone water concession under a long-term agreement with MWSS, with growing wastewater and used-water services. Directly comparable to Vivant Water/IMCC on the concession-based water utility model with municipal counterparties, though Maynilad operates in Metro Manila at far larger scale.
• Aboitiz Power Corporation: Aboitiz Power is the largest privately-held power generation and distribution conglomerate in the Philippines, operating thermal, hydro, and solar assets across Luzon, Visayas, and Mindanao under PSE:AP. Directly comparable to Vivant's generation-and-distribution model with renewable build ambitions, though at materially larger scale.
• Semirara Mining and Power Corporation: Semirara (PSE:SCC) operates coal mining and power generation in the Philippines, with vertically integrated mine-mouth coal-fired plants supplying long-term contracts. Comparable to Vivant Energy on the dispatchable, contracted power generation model, though Semirara is coal-focused and Vivant is diesel/wind-focused.
• Energy Development Corporation: EDC (PSE:EDC) is the Philippines' largest geothermal energy producer and a major renewable energy generator, supplying baseload power under long-term contracts. Comparable to Vivant on the contracted-renewable generation thesis, particularly around climate-aligned baseload and PPAs with Philippine distribution entities.
• SPC Power Corporation: SPC Power (PSE:SPC) is a Visayas-focused Philippine independent power producer operating diesel, bunker, and renewable plants under long-term contracts with electric cooperatives and distribution utilities. Closely comparable to Vivant Energy on diesel-fired distributed generation serving provincial Philippine cooperatives.
• ACEN Corporation: ACEN (PSE:ACEN) is Ayala Corporation's listed renewable energy platform, developing utility-scale solar, wind, and hydro across the Philippines and Southeast Asia. Directly comparable to Vivant Renewable Energy Corporation (VREC) on the Philippine utility-scale renewables development model, though ACEN operates at much larger scale.

Regional players

• Cebu Water District (MCWD): Metropolitan Cebu Water District (MCWD) is the municipal water utility serving Metro Cebu and is Vivant Water's 25-year offtake counterparty under the seawater desalination agreement. Listed separately as a regional peer because it represents the demand-side institutional model that Vivant's desalination business is structured against, and the relationship itself defines Vivant's water growth runway in the Visayas.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Vivant