Listed holding company Vivant Corp. has allotted PHP25 billion in capital expenditures (capex) for renewable energy projects from 2023 to 2026.
In its virtual annual stockholders’ meeting Thursday, Vivant chief executive officer Arlo Sarmiento said this capex will be spent to build 196 megawatts of wind, 212 MW of solar, and 62 MW of hybrid wind and solar projects.