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)

Dec 12, 2017

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) 886-2800

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	7,358,604,307
Amount of Debt Outstanding (As of Sept. 30, 2017)	222,237,327,000.00

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 4-30 - Material Information/Transactions References: SRC Rule 17 (SEC Form 17-C) and
Sections 4.1 and 4.4 of the Revised Disclosure Rules

Subject of the Disclosure
Closing of GNPD Unit 2 Financing
Background/Description of the Disclosure
GNPower Dinginin Ltd. Co. (GNPD) achieved financial close for the project financing of the second unit of its 2 x 668MW super-critical coal fired power plant in Dinginin, Bataan (the “GNPD Project”). The estimated project cost of the GNPD Project is US$1.7 billion, with the debt component to be provided by Philippine banks. GNPD also signed the amended engineering, design, procurement, and construction contracts with Shanghai Electric Power Construction Co., Ltd. and Power Construction Corporation of China last December 5, 2017. GNPD is a Philippine limited partnership among Therma Power, Inc. (TPI), AC Energy Holdings, Inc., and Power Partners Ltd. Co. TPI is a wholly owned subsidiary of Aboitiz Power Corporation for its investments in non-renewable energy projects. TPI has approximately 50% beneficial economic interest in the GNPD Project. The GNPD Project will support the increasing electricity demand of Luzon and Visayas. Construction of the first unit is scheduled for completion by 2019, with the second unit scheduled for completion by 2020.
Other Relevant Information
Please see attached.