C05973-2021

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 31, 2021
2. SEC Identification Number
C199800134
3. BIR Tax Identification No.
200-652-460-000
4. Exact name of issuer as specified in its charter
ABOITIZ POWER CORPORATION
5. Province, country or other jurisdiction of incorporation
Philippines
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
32nd Street, Bonifacio Global City, Taguig City, Metro Manila, Philippines Postal Code 1634
8. Issuer's telephone number, including area code
(02) 8886-2800
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 Stock P1 Par Value 7,358,604,307
Amount of Debt Outstanding (As of June 30, 2021) 226,853,429,000.00
11. Indicate the item numbers reported herein
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.

Aboitiz Power CorporationAP

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 to the August 27, 2021 BusinessWorld (Online Edition) News Article
Source Aboitiz units to Build Power Transmission Poles in Batangas
Subject of News Report BusinessWorld (Online Edition)
Date of Publication Aug 27, 2021
Clarification of News Report

This refers to the letter received from the Philippine Dealing & Exchange Corp. requesting us to confirm the veracity of the information contained in the BusinessWorld (Online Edition) news article dated August 27, 2021 entitled “Aboitiz units to Build Power Transmission Poles in Batangas”, the relevant portion of which is quoted hereunder:

“TWO Aboitiz-led firms specializing in construction and power distribution have forged a deal to build 73 overhead transmission poles in Lipa City and Malvar, Batangas to help stabilize power supply in the areas.

In an e-mailed statement on Thursday, Aboitiz Construction, Inc. said it partnered up with power distributor Lima EnerZone, which is under AboitizPower Corp., to construct the transmission poles.

The poles are expected to help 69-kiloVolt lines supply power to businesses located in the Light Industry Science Park (LISP 4) and residential areas in Malvar.

“The transmission poles project will kick off in November and is expected to be completed in six months,” Aboitiz Construction said.

“The project is part of a bigger initiative to enhance power delivery in Lipa City, Malvar, and surrounding areas, including Lima Technology Center through a partnership between Aboitiz Construction and Lima EnerZone,” it added.

The company said it will handle the demolition and restoration works of structures which will be impacted by the construction of the steel pools. The project will also involve cable stringing, clipping, and armoring.

“In line with our mission to help businesses to thrive, Aboitiz Construction commits to deliver a quality and safe project for Lima Enerzone. Through this partnership, we aim to contribute to economic growth in Batangas by powering businesses and homes,” said Levi B. Agoncillo, Aboitiz Construction’s vice-president for business development, tender planning, engineering, and design.

Aboitiz Construction separately said it is not able to disclose its investment in the transmission pole project right now. It said the project is expected to be completed this year.

In 2019, Aboitiz Construction won a P206-million contract to design and construct Lima Enerzone’s 69-kV overhead transmission line for the Lima Technology Center in Lipa, Batangas.

Lima EnerZone operates the power distribution system of Lima Land, Inc. a registered economic zone under the Philippine Economic Zone Authority located in the Lipa-Malvar area of Batangas.

Lima EnerZone is part of AboitizPower’s EnerZone group, which is made up of four privately owned electric distribution utilities that operate the distribution systems of select economic zones in Subic, Mactan, Cebu and Batangas.”

We confirm that Lima Enerzone Corporation partnered with Aboitiz Construction, Inc. to construct overhead transmission poles in Lipa City and Malvar, Batangas. The project is part of Lima EnerZone’s continuing efforts to help stabilize power supply within its franchise areas.
Other Relevant Information

Please see attached Aboitiz Power Corporation's response to Philippine Dealing & Exchange Corp.'s letter requesting to clarify the information stated in the August 27, 2021 BusinessWorld (Online Edition) article entitled “Aboitiz units to Build Power Transmission Poles in Batangas”.
Filed on behalf by:
Name Mailene de la Torre
Designation Asst. Corporate Secretary