Buskowitz Energy, Inc. (BEI) is no longer part of Vivant Corporation’s portfolio, following the completed divestment by its renewable energy arm, Vivant Renewable Energy Corporation (VREC).
In a regulatory filing, after selling its equity stake in Buskowitz Energy to Aurora Sustainable Energy Pte. Ltd., Vivant confirmed that VREC has completed all necessary post-closing obligations.
VREC sold its 32.26% stake in Buskowitz Energy, Inc. (BEI), amounting to 560,000 Common B shares.
BEI operates in solar development and offers engineering, procurement, and construction services. It provides solar power purchase agreements, leases, and loans to help businesses and individuals transition to renewable energy.
Vivant, on the other hand, maintains investments in companies involved in power generation, distribution, and retail electricity services.
Stay updated on BEI’s future endeavors as it continues driving renewable energy solutions independently by following Power Philippines.
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