C08032-2026

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)
Nov 11, 2026
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
Perpetual Preferred 2-Series A 100,000,000
Fixed Rate Notes due 2028 2,000,000,000
11. Indicate the item numbers reported herein
Item 9 - Other Matters

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 4-13 - Clarification of News Reports References: SRC Rule 17 (SEC Form 17-C) and
Section 4.4 of the Revised Disclosure Rules

Subject of the Disclosure

Clarification regarding the article “Alternergy earmarks P26B capex for 2027” posted in Philippine Daily Inquirer (inquirer.net) on November 10, 2026
Source Philippine Daily Inquirer (inquirer.net)
Subject of News Report “Alternergy earmarks P26B capex for 2027”
Date of Publication Nov 10, 2026
Clarification of News Report

In the above news article, it was reported that:

"Alternergy Holdings Corp., a listed renewable energy producer, is allocating P26 billion in capital expenditures (capex) next year.

Gerry Magbanua, president of Alternergy, announced that the group has initiated discussions with lenders to secure financing for its capital expenditures, aimed at deploying two solar projects and one wind facility.

These projects have a combined potential capacity of around 320 megawatts (MW), the official noted.

Beyond banks, Alternergy seeks to tap the debt market again to raise P10 billion.

...”

xxx

In response to the specific matters raised by the PSE, the Company provides the following clarifications:

1. On the reported P26 billion capital expenditure allocation for 2027 and corresponding approvals.

The reported P26 billion represents the Company’s indicative investment requirements for its next phase of renewable energy development, which includes two solar projects and one wind project with a combined potential capacity of approximately 320 megawatts (MW).
These projects form part of Alternergy’s expanding renewable energy portfolio and support its long-term vision of achieving One Green Gigawatt by 2030.

The P26 billion figure represents an estimated investment requirement based on current project development plans and assumptions, rather than a definitive capital expenditure commitment. Actual expenditures, implementation schedules, and funding requirements will depend on project readiness, final investment decisions, financing arrangements, and the requisite corporate and regulatory approvals.

2. On the potential impact of the planned capital expenditures on the Company’s business, financial condition, and operations

The planned investments are expected to support Alternergy’s transition into a larger and more diversified renewable energy owner and operator, with an expanding portfolio of income-generating assets.

As the projects progressively move to commercial operations, they are expected to contribute additional generating capacity, operating revenues, and cash flows, strengthening the Company’s long-term earnings potential.

The Company remains committed to pursuing its expansion with financial discipline, carefully managing capital deployment, funding requirements, and project execution risks to support sustainable growth and long-term shareholder value.

3. On other material information related to the foregoing

To support its next phase of growth, Alternergy has initiated preliminary discussions with financial institutions regarding potential project financing arrangements.

The Company is also pursuing opportunities to access the domestic debt capital market as part of its strategy to diversify funding sources and maintain financial flexibility.

In this regard, the Company’s Board of Directors has approved the proposed shelf registration of up to P10 billion in fixed-rate green bonds, with an initial offering of P3 billion and an oversubscription option of up to P1 billion, subject to applicable regulatory approvals and market conditions.
The proposed green bond issuance is intended to support the development of the Company’s renewable energy pipeline. The P10 billion shelf registration amount does not represent an immediate borrowing requirement or a commitment to issue the entire amount.

Alternergy will continue to make the appropriate disclosures to the Exchange as material developments occur, including securing of necessary corporate approvals, execution of definitive financing agreements, and significant project investment decisions.

The Company reaffirms its commitment to transparency, sound corporate governance, and timely disclosure of material information to its shareholders and the investing public.
Other Relevant Information

NA
Filed on behalf by:
Name Kimberly Rose Pagdilao
Designation Corporate Counsel / Deputy CIO