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)

Feb 1, 2023

2. SEC Identification Number

CS201627300

3. BIR Tax Identification No.

009-468-103

4. Exact name of issuer as specified in its charter

SP New Energy Corporation

5. Province, country or other jurisdiction of incorporation

Philippines

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

20th Floor PhilamLife Tower, 8767 Paseo de Roxas, Barangay Bel-Air, Makati City Postal Code 1226

8. Issuer's telephone number, including area code

(02) 8817-2585

9. Former name or former address, if changed since last report

Solar Philippines Nueva Ecija Corporation

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	10,000,000

11. Indicate the item numbers reported herein

Item 4 & 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.

SP New Energy CorporationSPNEC

PSE Disclosure Form 4-8 - Change in Directors and/or Officers
(Resignation/Removal or Appointment/Election)
References: SRC Rule 17 (SEC Form 17-C) and
Section 4.4 of the Revised Disclosure Rules

Subject of the Disclosure
Appointment of Officers from Solar Philippines
Background/Description of the Disclosure
Please be informed that the Board of Directors of SPNEC, at its meeting on January 31 2023, approved the promotion of Hazel Iris P. Lafuente (Ms. Lafuente) to Chief Operating Officer, and the appointment of Aresty M. Lapitan (Mr. Lapitan) as Treasurer and the appointment of Martin Charles Crotty (Mr. Crotty) as Director to replace Atty. Jesusa Loreto A. Arellano. Ms. Lafuente leads the project development, execution and operations teams of Solar Philippines. With a background in both the private and public sectors, Ms. Lafuente brings over 15 years of experience in project management, land acquisition, permitting, and regulatory compliance. Prior to joining Solar Philippines, she worked at the Philippine Senate as a legislative staff. Ms. Lafuente graduated from the University of the Philippines with a degree in Social Sciences (Area Studies) cum laude. She is also a Certified Project Manager and a lifetime member of the Pi Gamma Mu International Honor Society in Social Sciences. Mr. Lapitan leads the accounting and financial management and operations teams of Solar Philippines. As a Certified Public Accountant and a Certified Forensic Accountant, Mr. Lapitan brings over 16 years of experience in streamlining business operations for growth and profitability. He holds a Bachelor’s Degree in Accountancy and graduated cum laude from the Polytechnic University of the Philippines and a Master of Business Administration from the Ateneo Graduate School of Business. He is a member of the Philippine Institute of Certified Public Accountants. Mr. Crotty is an American with family ties in the Philippines, who served as President of AES Asia, where he managed power plants in Vietnam, India, Sri Lanka, and the Philippines, including the Masinloc coal plant, which was acquired by San Miguel with an enterprise value of $2.4 billion in 2018. Previously, Mr. Crotty was CEO of Upwind Solutions, a wind asset management company backed by Silicon Valley investor Kleiner Perkins Caulfield & Byers. Since then, he has managed the operations of over 10 GW of solar and wind plants in North America at EDF Renewables.

Resignation/Removal or Replacement

Name of Person	Position/Designation	Effective Date of Resignation/Cessation of term (mmm/dd/yyyy)	Reason(s) for Resignation/Cessation
Atty. Jesusa Loreto A. Arellano	Director, Treasurer & Chief Financial Officer	01/31/2023	Personal

Election or Appointment

Name of Person	Position/Designation	Date of Appointment/Election (mmm/dd/yyyy)	Effective Date of Appointment Election (mmm/dd/yyyy)	Shareholdings in the Listed Company		Nature of Indirect Ownership
				Direct	Indirect
Martin Charles Crotty	Director	01/31/2023	01/31/2023	1	0	-
Aresty Lapitan	Treasurer	01/31/2023	01/31/2023	1	1,000,000	through PCD Nominee Corporation

Promotion or Change in Designation

Name of Person	Position/Designation		Date of Approval (mmm/dd/yyyy)	Effective Date of Change (mmm/dd/yyyy)	Shareholdings in the Listed Company		Nature of Indirect Ownership
	From	To			Direct	Indirect
Hazel Iris Lafuente	Chief Project Officer	Chief Operating Officer	01/31/2023	01/31/2023	0	2,360,001	through PCD Nominee Corporation

Other Relevant Information
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