C04493-2025

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)
Jun 23, 2025
2. SEC Identification Number
39274
3. BIR Tax Identification No.
000-506-020-000
4. Exact name of issuer as specified in its charter
ACEN CORPORATION
5. Province, country or other jurisdiction of incorporation
Makati City, Philippines
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
35F Ayala Triangle Gardens Tower 2, Paseo de Roxas corner Makati Avenue, Makati City Postal Code 1226
8. Issuer's telephone number, including area code
(632) 7730 6300
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 Share 39,677,394,773
Series A Preferred Shares 8,341,500
Series B Preferred Shares 16,658,500
11. Indicate the item numbers reported herein
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.

ACEN CORPORATIONACEN

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

Additional Information re ACEN partnership with Copenhagen Infrastructure Partners to develop the Philippine’s First Large-Scale Offshore Wind Project

Background/Description of the Disclosure

On 28 May 2025, ACEN executed a Share Purchase and Loan Agreement with CI NMF Philippines C.V. and CI GMF II COOPERATIEF U.A. for the development of a 1 GW offshore wind project in the provinces of Camarines Sur and Camarines Norte, Philippines.

Subsequently, on 23 June 2025, ACEN signed a Deed of Absolute Sale with CI NMF Philippines C.V. for the acquisition of 29,500 common shares in CI GMF II Camarines Offshore Wind Energy Corporation.

Date of Approval by
Board of Directors
Mar 10, 2025
Rationale for the transaction including the benefits which are expected to be accrued to the Issuer as a result of the transaction

The transaction forms part of the Company’s strategic initiative to advance the development of Philippines’ first large-scale offshore wind project, with a potential installed capacity of up to 1 GW. It underscores the Company’s commitment to unlocking the country’s vast offshore wind resources and accelerating the energy transition through the expansion of clean energy sources.

Details of the acquisition or disposition
Date Jun 23, 2025
Manner

Acquisition of 29,500 Common Shares of CI GMF II Camarines Offshore Wind Energy Corporation

Description of the company to be acquired or sold

CI GMF II Camarines Offshore Wind Energy Corporation will be the holding company of CI NMF (PH) Corp., which will develop, construct, operate and maintain the planned 1 GW Offshore Wind Energy Project in the provinces of Camarines Sur and Camarines Norte, Philippines.

The terms and conditions of the transaction
Number of shares to be acquired or disposed 29,500
Percentage to the total outstanding shares of the company subject of the transaction 25
Price per share P100 per share
Nature and amount of consideration given or received

Total Payment Price of P2,950,000.00

Principle followed in determining the amount of consideration

Payment of shares based on par value of P100 per share

Terms of payment

Full payment in cash

Conditions precedent to closing of the transaction, if any

None

Any other salient terms

None

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
CI NMF PHILIPPINES CV None
Effect(s) on the business, financial condition and operations of the Issuer, if any

The transaction supports ACEN’s growth by marking its entry into the country’s first large-scale offshore wind project. With a potential capacity of up to 1 GW, the project will expand the Company’s renewable energy portfolio and help strengthen its role in the country’s clean energy transition.

Other Relevant Information

This disclosure is related to the Company’s original SEC Form 17-C report (Circular No. C03805-2025) dated 28 May 2025.

Filed on behalf by:
Name Candy Dacanay-Datuon
Designation Assistant Vice President