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 2, 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

Metro Manila, 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, Philippines 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	10,000,000,000

11. Indicate the item numbers reported herein

Item 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 10-1 - Acquisition or Disposition of Shares
by Subsidiaries/Affiliates Reference: Section 10 of the Revised Disclosure Rules

Subject of the Disclosure
Disposition of SPNEC Shares by an Affiliate
Background/Description of the Disclosure
Disposition of SPNEC shares by Solar Philippines Power Project Holdings, Inc., an affiliate of SPNEC controlled by Mr. Leandro Antonio L. Leviste.

Name of subsidiary and/or affiliate	Solar Philippines Power Project Holdings, Inc.
Nature of relationship with Issuer	Affiliate

Details of the Transaction

Date of Transaction	Number of Shares Acquired	Number of Shares Disposed	Price Per Share
Jan 25, 2023	-	500,000,000	1.32

Total number of shares held by the subsidiary and/or affiliate after transaction	4,924,349,998
Percentage to total outstanding shares	49.24

Other Relevant Information
Please refer to disclosure entitled Private Placements to Enable Asset-for-Share Swap dated 26 January 2023.