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)

Aug 23, 2019

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) 8862800

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 June 30, 2019)	233,441,150,000.00

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 4-2 - Acquisition/Disposition of Shares of Another Corporation
References: SRC Rule 17 (SEC Form 17-C) and
Section 4.4 of the Revised Disclosure Rules

Subject of the Disclosure
AboitizPower International Pte. Ltd. (AboitizPower International) acquires Dam Nai Wind Project in Ninh Thuan Province, Southern Vietnam
Background/Description of the Disclosure
Acquisition of 100% of Mekong Wind Pte. Ltd. (Mekong Wind) from Armstrong Southeast Asia Clean Energy Fund Pte. Ltd. AboitizPower International is a wholly-owned subsidiary of Aboitiz Power Corporation (AboitizPower)

Date of Approval by Board of Directors	Jun 21, 2019

Rationale for the transaction including the benefits which are expected to be accrued to the Issuer as a result of the transaction
The acquisition is in line with AboitizPower’s goal to reach 4,000-MW net attributable capacity by 2020 through its balanced mix strategy.

Details of the acquisition or disposition

Date	Aug 23, 2019

Manner
Share acquisition
Description of the company to be acquired or sold
Mekong Wind, a Singapore-incorporated entity, is the owner of Dam Nai Wind Power JSC, which owns and operates the 39.4MW onshore Dam Nai Wind facility in Ninh Thuan Province, Southern Vietnam

The terms and conditions of the transaction

Number of shares to be acquired or disposed	10,000
Percentage to the total outstanding shares of the company subject of the transaction	100
Price per share	Approximately USD46 million total consideration

Nature and amount of consideration given or received
Base consideration, subject to adjustments at closing
Principle followed in determining the amount of consideration
Asset valuation
Terms of payment
One-time lump sum payment at closing
Conditions precedent to closing of the transaction, if any
Customary closing conditions and third-party consents
Any other salient terms
N/A

Identity of the person(s) from whom the shares were acquired or to whom they were sold

Name	Nature of any material relationship with the Issuer, their directors/ officers, or any of their affiliates
Armstrong Southeast Asia Clean Energy Fund Pte. Ltd.	None

Effect(s) on the business, financial condition and operations of the Issuer, if any
AboitizPower is committed to have a balanced portfolio mix addressing the energy trilemma of adequate supply, cost of power, and protection of the environment Increase in the attributable and net sellable capacity of AboitizPower
Other Relevant Information
Please see attached Press Release.