VIVANT Renewable Energy Corp. (VREC), a wholly owned subsidiary of Vivant Energy Corp. (VEC), is divesting its 32.26-percent stake in Buskowitz Energy Inc. to focus on its core businesses, listed conglomerate Vivant Corp. said on Thursday.
“The divestment is part of VEC’s efforts to focus its investments on its core competencies, particularly in its retail energy supply and small power utilities group businesses,” VREC President and Chief Executive Officer (CEO) Mark Habana said.
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