C07120-2024 |
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 | |
Perpetual Preferred 2- Series A | 100,000,000 |
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Subject of the Disclosure |
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Alternergy Holdings Corporation ("ALTER") through Alternergy Wind Holdings Corporation ("AWHC") acquires 100% of Tablas Projects |
Background/Description of the Disclosure |
Alternergy Holdings Corporation (“ALTER”), through its unit Alternergy Wind Holdings Corporation (“AWHC”), announces its 100% acquisition of the Tablas Strait Offshore Wind Power Corporation (“TSOWPC”) developing the Tablas Strait 1, 2, and 3 Offshore Wind Projects (collectively, the “Tablas Projects”). AWHC acquires the 40% interest held by Shell Overseas Investment B.V. in the Tablas Projects. With full control of the Tablas Projects, ALTER, through AWHC, is eager to proceed at a more accelerated pace on the development of the offshore wind projects in the country. |
Other Relevant Information |
Please see attached SEC Form 17-C executed by ALTER's CIO and Media Release document submitted also to the SEC via email on even date. |
Name | Kimberly Rose Pagdilao |
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Designation | Corporate Counsel / Deputy CIO |