Vivant unit signs contract with Bataan solar developer

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COREnergy Inc., a wholly-owned subsidiary of Vivant Energy Corp., signed a 20-year power supply agreement with Samal Solar Renewable Energy

Parent firm Vivant Corp. said in a disclosure to the stock exchange Thursday that SSREC’s obligation to construct the plant and supply the contracted energy to COREnergy is subject to a successful financial close to secure debt financing for the project.COREnergy, established in 2012, is a retail company that offers energy solutions to commercial and industrial establishments.

These customers benefit from a well–established generation portfolio, enabling them to experience a reliable and cost-efficient supply of power.Meanwhile, Vivant Energy, Aboitiz Power Corp. subsidiary Aboitiz Renewables Inc. and Vena Energy signed early this week an agreement to jointly develop the 206-megawatt San Isidro wind power project in San Isidro, northern Samar in the Visayas.

“We welcome this opportunity to partner with two leaders in renewable energy development which share our vision of helping the country attain energy security while promoting renewable energy and contributing to countrywide development,” Vivant Energy president and chief operating officer Emil Andre Garcia said.

 

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