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)

Mar 25, 2024

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 City Postal Code 1229

8. Issuer's telephone number, including area code

+632 8813 4678

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
Perpetual Preferred 1	370,398,637

11. Indicate the item numbers reported herein

Item 9 - Other Events

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
The Board of Directors of Alternergy Holdings Corporation ("ALTER") approves to re-allocate the IPO Proceeds to the Tanay Onshore Wind and Alabat Onshore Wind Projects during the meeting held on 25 March 2024.
Background/Description of the Disclosure
In a Special Board Meeting held today, 25 March 2024, the Board of Directors of Alternergy Holdings Corporation (“ALTER”) approved the reallocation of the previously disclosed use of proceeds from the initial public offering (the “IPO”). Specifically, Sixty Four Million Eight Hundred Sixty Thousand Pesos (PhP64,860,000.00) previously allocated for the Solana Solar Project, Ibulao Mini Hydro Project, Calavite and Tablas Strait Offshore Wind Projects and for the working capital to operationalize Green Energy Supply Solutions, Inc. (“GESSI”), a retail electricity supplier (“RES”), will be reallocated to the Tanay and Alabat Wind Projects of Alternergy Tanay Wind Corporation (“ATWC”) and Alabat Wind Power Corporation (“AWPC”), respectively, to support these latter Projects, both of which are scheduled to commence construction in Q2 2024 to meet the their respective commitments to the Department of Energy ("DOE") to deliver the Tanay and Alabat Projects by November 2025.
Other Relevant Information
Please see attached executed SEC Form 17-C dated 25 March 2024 as regards the foregoing matter.