Vivant Renewable Energy Acquires 200 MW Northern Samar Wind Project from Envision Energy
Vivant Renewable Energy Corporation, part of Philippine conglomerate Vivant Corporation, has acquired Samar Philippines Renewable Corporation, holder of a 200 MW wind project across Lavezares, Allen, Victoria and Rosario in Northern Samar, from Envision Energy Philippines. Expected to generate 695 GWh annually, the project targets commissioning by end of 2028, with 36% of capacity backed by a GEA-4 auction contract.
Transaction date:
Key facts
- Transaction date
- Technology
- Onshore Wind
- Capacity
- 200 MW
- Transaction price
- Not disclosed
- Country
- Philippines
- Region
- Northern Samar
- Location
- Lavezares, Allen, Victoria and Rosario, Northern Samar, Philippines
- Continent
- Asia
- Development status
- Under Development
- PPA
- Yes
Technology details
200 MW onshore wind project spanning the municipalities of Lavezares, Allen, Victoria and Rosario. Expected annual output of approximately 695 GWh, sufficient to meet electricity demand of more than 190,000 homes. Commissioning targeted by end of 2028, with Envision providing support during the construction phase.
Power purchase agreement (PPA)
Approximately 36% of capacity backed by a contract secured under the Philippines' Green Energy Auction Program (GEA-4). Remaining capacity to be sold to an unnamed retail electricity supplier.
Additional information
Transaction structured as a 100% share acquisition of Samar Philippines Renewable Corporation (SPRC). Deal value not disclosed. Approximately 36% of future plant capacity is backed by a contract secured under the Philippines' Green Energy Auction Program (GEA-4); remaining capacity to be sold to an unnamed retail electricity supplier. Project supports Vivant's goal of raising renewables to 30% of its energy mix by 2030. Acquisition follows VREC's purchase of a 40% stake in a 53.14 MWp solar park operator in Bataan province in September 2025.
Source
Compiled by Renewables.digital from public announcements.