C06018-2017

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)
Oct 6, 2017
2. SEC Identification Number
069039274
3. BIR Tax Identification No.
000606020
4. Exact name of issuer as specified in its charter
PHINMA Energy Corporation
5. Province, country or other jurisdiction of incorporation
Makati City
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
Level 11 PHINMA Plaza, 39 Plaza Drive, Rockwell Center Makati City Postal Code 1200
8. Issuer's telephone number, including area code
8700100
9. Former name or former address, if changed since last report
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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 4,889,774,922
11. Indicate the item numbers reported herein
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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.

PHINMA Energy CorporationPHEN

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 of BusinessWorld News Article on PHINMA Energy's new projects

Source BusinessWorld
Subject of News Report "PHINMA Energy eyes 4 new projects"
Date of Publication Oct 6, 2017
Clarification of News Report

We confirm the accuracy of the news report appearing in today’s issue of Businessworld titled “Phinma Energy eyes 4 new projects,” which states in part:
“PHINMA ENERGY Corp. is studying four new projects with a total capacity of 925.6 megawatts (MW) that will mark the company’s move to diversity its power generation portfolio to include gas and hydropower, company officials said.
‘With all the coal plants being planned, you’ll have enough for 2025,’ said Francisco L. Viray, Phinma Energy president and chief executive officer, in a briefing in Quezon City, when asked about the company’s plan to develop new resources.
Three of the four projects under the pre-development stage are combined cycle gas turbines (CCGT), and the remaining one is a hydroelectric power plant. They have all been cleared by the Department of Energy (DoE) to conduct grid impact studies.
These projects are the 383-MW Sta.Ana CCGT power plant in Port Irene, Sta. Ana, Cagayan; 383-MW Sual CCGT floating power plant in Brgy. Baquioen, Sual, Pangasinan; 138 MW Argao floating CCGT power plant in Brgy. Bulasa, Argao, Cebu; and 21.6 MW Ilog hydroelectric power plant in Mabinay, Negros Oriental. . . . .“
We wish to clarify that these projects are in the pre-development stage and that no final investment decision has been made on any of them.

Other Relevant Information

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