C06049-2023

SECURITIES AND EXCHANGE COMMISSIONSEC FORM 17-C

CURRENT REPORT UNDER SECTION 17
OF THE SECURITIES REGULATION CODE
AND SRC RULE 17.2(c) THEREUNDER

1. Date of Report (Date of earliest event reported)
Aug 4, 2023
2. SEC Identification Number
39274
3. BIR Tax Identification No.
000-506-020-000
4. Exact name of issuer as specified in its charter
ACEN CORPORATION
5. Province, country or other jurisdiction of incorporation
Makati City, Philippines
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
35th Floor, Ayala Triangle Gardens Tower 2, Paseo de Roxas corner Makati Avenue, Makati City Postal Code 1226
8. Issuer's telephone number, including area code
(02) 7730 6300
9. Former name or former address, if changed since last report
N/A
10. Securities registered pursuant to Sections 8 and 12 of the SRC or Sections 4 and 8 of the RSA
Title of Each Class Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding
Common Shares 39,677,394,773
11. Indicate the item numbers reported herein
Item 9 - Other Events

The Exchange does not warrant and holds no responsibility for the veracity of the facts and representations contained in all corporate disclosures, including financial reports. All data contained herein are prepared and submitted by the disclosing party to the Exchange, and are disseminated solely for purposes of information. Any questions on the data contained herein should be addressed directly to the Corporate Information Officer of the disclosing party.

ACEN CORPORATIONACEN

PSE Disclosure Form 16-1- Update on Corporate Actions/
Material Transactions/Agreements References: SRC Rule 17 (SEC Form 17-C) and
Section 16 of the Revised Disclosure Rules

Subject of the Disclosure

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.

The parties signed on 14 July 2022 the Loan and Security Agreement, where ACEN granted NAREDCO a loan of up to Php1,139,000,000.00 (the “Loan”)., as disclosed to the Exchange in Disclosure Report no. C05259-202 dated 15 July 2022.

Other Relevant Information

This disclosure is related to Disclosure Report No. C06350-2022 dated 17 August 2022.

Filed on behalf by:
Name Alan Ascalon
Designation Vice President/Asst. Corporate Secretary