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)
Mar 28, 2023
2. SEC Identification Number
CS200909233
3. BIR Tax Identification No.
007-315-916
4. Exact name of issuer as specified in its charter
ALTERNERGY HOLDINGS CORPORATION
5. Province, country or other jurisdiction of incorporation
Metro Manila, Philippines
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
Level 3B, 111 Paseo de Roxas Building, Paseo de Roxas Avenue corner Legazpi Street, Legaspi Village, Makati CityPostal Code1229
8. Issuer's telephone number, including area code
+632 7759-4327
9. Former name or former address, if changed since last report
NA
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
3,933,840,480
Preferred
370,398,637
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.
Alternergy Holdings CorporationALTER
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
Approval of the Board of Directors of Alternergy Tanay Wind Corporation ("ATWC") and the Board of Directors of Alabat Wind Power Corporation ("AWPC") in respect of the assignment of Wind Energy Service Contract ("WESC") No. 2019-09-134 covering the municipalities of Alabat, Perez and Quezon.
Background/Description of the Disclosure
The Alabat Onshore Wind Project is currently subsumed under the portfolio of Alternergy Tanay Wind Corporation ("ATWC"), a 100%-owned subsidiary of Issuer, ALTER.
Earlier this year, the SEC approved the incorporation of Alabat Wind Power Corporation ("AWPC"), a subsidiary of Pililla AVPC Corporation ("PAC"), which, in turn is a sub-holding for ALTER's Wind Projects and 100%-owned by ALTER and, as such, is an affiliate of ATWC. AWPC is a special purpose vehicle ("SPV") particularly incorporated to develop, construct and operate the Alabat Onshore Wind Project.
On a meeting of the Board of Directors of both ATWC and AWPC conducted on March 28, 2023, the Deed of Assignment of the Alabat WESC from ATWC to AWPC is approved. Attached are the respective Secretary's Certificates for ATWC and AWPC, approving the assignment.