Vivant buys out Samar wind project to boost green capacity

Cebu-based Vivant Energy Corp. (VEC) has acquired a 100 percent stake in Samar Philippines Renewable Corporation, giving the power firm full control of a 200-megawatt (MW) utility-scale wind development in the central Philippines. In a statement on Wednesday, June 24, VEC said the full buyout of Samar Philippines Renewable from Envision Energy Philippines will allow the company to accelerate the Lavezares Wind Project. The financial terms of the transaction were not disclosed. “As the original developer and project development partner, Envision has supported the Lavezares Wind Project by providing expertise on advanced turbine technology, engineering expertise, and comprehensive development support,” VEC stated. “Envision will continue to work closely with Vivant Energy to advance the project towards construction and commercial operation, contributing to the successful delivery of high-quality renewable energy infrastructure in the Philippines.” Once operational, the wind project is projected to generate an estimated 695 gigawatt-hours (GWh) of renewable energy annually—enough to power about 190,000 households. This output is also expected to reduce yearly greenhouse gas emissions by nearly 487,000 metric tons. “The acquisition marks another significant step in Vivant’s renewable energy growth as it moves closer to its 30 percent by 2030 goal of increasing renewable energy capacity,” the company added. The wind power project is one of the winning developments under the fourth round of the Department of Energy’s (DOE) Green Energy Auction Program (GEA-4), with the balance of its capacity to be utilized for Retail Electricity Supply. VEC is looking to roll out about ₱67 billion over a four-year period to increase its overall supply to at least one gigawatt (GW). Nearly ₱60 billion will be earmarked for power infrastructure and development, with a particular focus on renewables. As of the end of 2025, the company had a power portfolio of about 471 MW. “For an archipelagic country like the Philippines, energy security depends on a power mix that is both diverse and deliberate. Wind belongs in places where the resource is strong, strategic, and efficient,” the company concluded. “In Northern Samar, Vivant Energy sees an opportunity to add greener capacity where it can support a more resilient energy portfolio and contribute to the country’s long-term energy stability.” (Gabriell Christel Galang)