VIVANT Corp. subsidiary Vivant Energy Corp. is acquiring a project company that will own and operate a solar power plant facility with targeted 22-megawatt peak capacity in San Ildefonso, Bulacan.

Vivant Energy signed a share sale and purchase agreement with Cleantech Global Renewables Inc. to acquire 1,250,004 shares of the latter in San Ildefonso Alternative Energy Corp. (SIAEC), the company for the solar plant project, upon fulfillment of all conditions for the sale.

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