A subsidiary of Vivant Energy Corporation has been chosen to supply 15 megawatts (MW) of net dependable capacity to Bantayan Island, a major tourist destination in northern Cebu.
Following a competitive selection process, the Bantayan Electric Cooperative (BANELCO) awarded a 15-year power supply contract to the consortium of Vivant Integrated Diesel Corporation, a wholly owned subsidiary of Vivant Energy, and Gigawatt Power Inc. To ensure availability of dependable power, the installation and operation of a 23-MW power plant in the island will be undertaken by the consortium.
The supply contract expands Vivant Energy’s capacity in off-grid small power utilities group (SPUG) sector.
“By providing reliable and stable power to BANELCO, we contribute to the continued growth of Bantayan Island while fulfilling our mission to give our customers energy solutions developed using existing and emerging technologies,” said Vivant Energy Chief Operating Officer Emil Andre M. Garcia.
“As Vivant Energy continues to grow its investments in Luzon, Mindanao and in other parts of the Visayas, Cebu will always be among our priorities being the home province of parent company Vivant Corporation. That is why we are particularly happy to have won this project,” said Vivant Energy President and CEO Arlo A. G. Sarmiento.
Vivant Energy is a wholly owned subsidiary of Vivant Corporation and serves as the holding company of Vivant’s investments in the power sector. Publicly listed Cebuano firm Vivant Corporation envisions to provide adaptable and future-facing infrastructure solutions to the country’s growth centers.