Vivant Energy Corp. (VEC), the energy arm of Cebu-based Vivant Corporation, has secured a term loan facility of up to PHP 8.5 billion from Metropolitan Bank and Trust Company (Metrobank) to help finance power generation investments and other capital expenditures, signaling continued private-sector investment in the country’s energy infrastructure. 

The financing agreement, signed on June 19, provides VEC with long-term funding through five- and seven-year loan facilities, according to a disclosure filed by Vivant Corporation with regulators. 

The company said the proceeds will be used to partially fund investments in power generation projects as it expands its energy portfolio. 

VEC described the financing as a source of long-term capital to support its growth plans and participation in the country’s energy sector.

“The loan facility carries terms of five and seven years, providing VEC with long-term funding to advance its strategic growth initiatives and strengthen its contribution to the country’s energy sector,” the company said. 

VEC added that the agreement “underscores VEC’s commitment to developing reliable and sustainable energy infrastructure while maintaining a strong financial position to support future growth.” 

Vivant Energy is advancing an aggressive expansion strategy centered on scaling generation capacity to around 1,000 MW by 2030 while increasing the share of renewables to at least 30%. The company is developing a pipeline of multiple projects, mainly in solar, hybrid solar-plus-battery storage, wind partnerships, and off-grid power solutions, alongside continued investments in conventional and hybrid assets to support reliability and provincial electrification. 

A key project under development is the Anilao hybrid solar and battery storage facility in Iloilo, which underscores its shift toward dispatchable renewables. 

Vivant is also strengthening its position through acquisitions, partnerships, and long-term supply agreements in island grids such as Siquijor, reflecting a broader transition from a regional generator into a diversified energy and utilities platform.

What do you think this latest financing says about investor confidence in the Philippine power sector and the pipeline of upcoming energy projects? Join the discussion.

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