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 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	34,373,050,000

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 4-31 - Press Release References: SRC Rule 17 (SEC Form 17-C)
Section 4.4 of the Revised Disclosure Rules

Subject of the Disclosure
SPNEC secures over 4000 hectares
Background/Description of the Disclosure
SP New Energy Corporation (SPNEC) and its subsidiaries have now secured over 4000 hectares, mostly in the provinces of Nueva Ecija, Bulacan, Tarlac, and Batangas. Of these, over 3000 hectares have been secured through deeds of sale or contracts to sell and over 1000 hectares through contracts to lease. Over 2000 hectares have already been approved for conversion to industrial use. SPNEC has been growing its assets as part of its consolidation of projects of Solar Philippines Power Project Holdings, Inc. (SP) On May 15 2023, SPNEC entered into a contract to acquire the shares of SP in various entities using the proceeds of SP’s subscription of 24.37305 billion shares of SPNEC. This was enabled by the approval by the Securities and Exchange Commission of SPNEC’s increase in authorized capital stock on June 1 2023. With these completed, SPNEC’s assets now include over 400 MW of projects operating or under construction and over 4000 hectares. SP is also transferring to SPNEC contracts and permits to support its projects, some of which it has been developing since 2016. SP is preparing various share sales to support these developments and increase its public float. “We thank all who have helped us grow SPNEC’s assets, from its initial 352 hectares, to over 4000 hectares, and from a single project, to a portfolio of projects operating, under construction, and under development. It is time for us to build upon what we have so far, and work on turning these hectares into megawatts,” Solar Philippines founder Leandro Leviste said.
Other Relevant Information
-