en.Wedoany.com Reported - Vivant Renewable Energy Corporation, the green energy platform of Philippine-based Vivant Corporation, has completed the acquisition of all shares in Samar Philippines Renewable Corporation. The company holds interests in a 200-megawatt wind power project in Northern Samar Province, Philippines, with the original shareholder being Envision Energy Philippines Corporation.

The transaction amount was not disclosed. Through the acquisition of Samar Philippines Renewable Corporation, Vivant Renewable Energy Corporation will expand its project pipeline in the Philippine wind power market. The 200 MW Northern Samar wind project remains in the development phase, requiring further progress on permits, engineering plans, grid connection arrangements, and financing structures.

Vivant Energy's operations cover conventional power, renewable energy, and energy solutions. With the completion of the equity transfer for the 200 MW Northern Samar wind project, the Philippine wind power development will generate new project demands in areas such as wind resource assessment, turbine selection, tower and blade supply, substation construction, transmission access, and long-term operations.

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