C06049-2023 |
Title of Each Class | Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding | |
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Common Shares | 39,677,394,773 |
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Subject of the Disclosure |
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Update on the Loan Agreement among ACEN CORPORATION, Natures Renewable Energy Devt. (NAREDCO) Corporation, and CleanTech Renewable Energy 4 Corp. |
Background/Description of the Disclosure |
Pursuant to their Shareholders’ Agreement, ACEN CORPORATION, Natures Renewable Energy Devt. (NAREDCO) Corporation (“NAREDCO”), and CleanTech Renewable Energy 4 Corp. (“CREC4”) signed today, 4 August 2023, an Amended and Restated Loan and Security Agreement to increase the loan facility by up to Php1,157,930,000.00 to fund the remaining requirements of Phase 1 of the Cagayan North Solar Power Project, with same terms and securities applying. |
Other Relevant Information |
This disclosure is related to Disclosure Report No. C06350-2022 dated 17 August 2022. |
Name | Alan Ascalon |
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Designation | Vice President/Asst. Corporate Secretary |