C08376-2023

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)
Nov 28, 2023
2. SEC Identification Number
C199800134
3. BIR Tax Identification No.
200-652-460-000
4. Exact name of issuer as specified in its charter
ABOITIZ POWER CORPORATION
5. Province, country or other jurisdiction of incorporation
Philippines
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
32nd Street, Bonifacio Global City, Taguig City, Metro Manila, Philippines Postal Code 1634
8. Issuer's telephone number, including area code
(02) 8886-2800
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 Stock P1 Par Value 7,205,854,307
Amount of Debt Outstanding (As of Sept. 30, 2023) 242,951,921,000.00
11. Indicate the item numbers reported herein
9

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.

Aboitiz Power CorporationAP

PSE Disclosure Form 4-13 - Clarification of News Reports References: SRC Rule 17 (SEC Form 17-C) and
Section 4.4 of the Revised Disclosure Rules

Subject of the Disclosure

Clarification to the November 27, 2023 BusinessWorld (Online Edition) Article

Source BusinessWorld (Online Edition)
Subject of News Report AboitizPower allots P50-B capex next year largely for renewables
Date of Publication Nov 27, 2023
Clarification of News Report

Gentlemen:

This refers to your letter requesting us to confirm the veracity of the information contained in BusinessWorld (Online Edition) article dated November 27, 2023 entitled “AboitizPower allots P50-B capex next year largely for renewables” the relevant portion of which is quoted hereunder:

“ABOITIZ Power Corp. (AboitizPower) is setting aside P50 billion as capital expenditure (capex) budget next year mostly for the expansion and construction of its renewable energy (RE) projects.

‘Ballpark of about P50 billion for all our capex. A lot of that is for the growth,’ AboitizPower Senior Vice-President for Commercial Operations Juan Alejandro A. Aboitiz told reporters last week.

‘A big part of our capex is for new projects primarily for renewables. Fundraising is always a critical component of growth so we’re looking at all of our options to raise more debt to fund our new projects,’ he said.

. . . .”

We confirm the statements quoted in the news article.

We trust that you find the foregoing clarification in order.

Very truly yours,

ABOITIZ POWER CORPORATION
By:


MA. CLARISSE S. OSTERIA
Assistant Corporate Secretary

Cc:

PHILIPPINE DEALING & EXCHANGE CORP.
Market Regulatory Services Group
29th Floor BDO Equitable Tower
8751 Paseo de Roxas, Makati City 1226

ATTENTION:
ATTY. MARIE ROSE M. MAGALLEN-LIRIO
Head – Issuer Compliance and Disclosures Department

Other Relevant Information

Please see attached.

Filed on behalf by:
Name Ma. Clarisse Osteria
Designation Asst. Corporate Secretary