File picture | 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 mentioned Vivant Water has a desalination plant in Cordova, the place it might probably produce as much as 20 million liters of fresh water per day for purchasers 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 latest 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 situations. Inhabitants development and concrete improvement exacerbated the scenario, based on Vivant Corp.
Throughout that interval, the corporate mentioned 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 tasks that propel financial development and enhance on a regular basis residing within the communities that we serve,” mentioned Arlo Sarmiento, Vivant Corp. CEO.
READ: Vivant revenue rose 4% in 2024 to P2.4B
Water desalination plant
Amongst MCWD’s water suppliers, Vivant mentioned they have 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 modern options. Desalination gives a viable and scalable various to satisfy Cebu’s rising demand,” he added.
Sarmiento mentioned his group would proceed to put money into “important infrastructure.”
READ: Vivant unit eyes to complete Cordova desalination facility by year-end
Vivant Corp. has investments in electrical energy distribution, infrastructure, energy era and retail.
In 2024, the corporate noticed its internet revenue enhance by 4 % to P2.4 billion, primarily pushed by its energy operations. Energy era accounted for 64 % or P2.2 billion of the revenue.
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