File photograph | Courtesy of MCWD
MANILA, Philippines — Vivant Hydrocore Holdings Inc. (Vivant Water), a subsidiary of listed Vivant Corp., has clinched a 25-year deal to provide water to Metro Cebu residents.
In a disclosure Thursday, the Cebu-based conglomerate stated Vivant Water has a desalination plant in Cordova, the place it may well produce as much as 20 million liters of unpolluted water per day for patrons of Metropolitan Cebu Water District (MCWD).
Vivant is only one of many suppliers. To recall, MCWD had additionally tapped Manila Water Philippine Ventures for a 10-year provide.
The newest deal got here after Cebu Metropolis skilled a water disaster within the early a part of 2024 because the dry months coincided with El Niño circumstances. Inhabitants progress and concrete improvement exacerbated the state of affairs, in response to Vivant Corp.
Throughout that interval, the corporate stated MCWD recorded a deficit of 40,000-50,000 cubic meters per day.
“This landmark partnership with MCWD is a testomony to our long-term imaginative and prescient of offering sustainable and impactful initiatives that propel financial progress and enhance on a regular basis residing within the communities that we serve,” stated Arlo Sarmiento, Vivant Corp. CEO.
READ: Vivant revenue rose 4% in 2024 to P2.4B
Water desalination plant
Amongst MCWD’s water suppliers, Vivant stated they had been the primary to make the most of a utility-scale seawater desalination plant.
Water desalination, which converts seawater into drinkable water, has been embraced in water-scarce areas, as the method permits producers to chop dependence on conventional freshwater sources.
“Water safety is crucial to sustainable improvement, and this settlement showcases our dedication to revolutionary options. Desalination supplies a viable and scalable different to fulfill Cebu’s rising demand,” he added.
Sarmiento stated his group would proceed to spend money on “important infrastructure.”
READ: Vivant unit eyes to complete Cordova desalination facility by year-end
Vivant Corp. has investments in electrical energy distribution, infrastructure, energy technology and retail.
In 2024, the corporate noticed its web revenue improve by 4 % to P2.4 billion, primarily pushed by its energy operations. Energy technology accounted for 64 % or P2.2 billion of the revenue.
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