2 3 1
Month Day Month Day (Fiscal Year) (Annual Meeting) (Secondary License Type, If Applicable)
Requiring
Borrowings
7F JMT Building, ADB Avenue, Ortigas Center, Pasig City 1600, Metro Manila, Philippines
Tel: (+632) 8637-2917
Fax: (+632) 8634-6066
Visit: www.petroenergy.com.ph
SECURITIES AND EXCHANGECOMMISSION SEC FORM 17-C CURRENT REPORT UNDER SECTION 17 OF THE SECURITIESREGULATIONCODE AND SRC RULE 17.2(c) THEREUNDER
1. May 13, 2024
Date of Report (Date of earliest event reported)
2. SEC Identification Number: ASO94-08880
4. PETROENERGY RESOURCES CORPORATION
Exact name of issuer as specified in its charter
5. Metro Manila, Philippines 6. (SEC Use Only)
Province, country or other jurisdiction of incorporation Industry Classification Code:
7. 7F JMT BUILDING, ADB AVE., ORTIGAS CENTER, PASIG CITY 1605
Address of principal office Postal Code
8. (632) 86372917
Issuer's telephone number, including area code
9. N/A
Former name or former address, if changed since last report
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 568,711,842 shares
11. Indicate the item numbers reported herein:
Item No. 9 – Other Events
PetroGreen and SN Aboitiz Power Ink Power Supply Deal
San Jose Green Energy Corporation (SJGEC), a subsidiary of Yuchengco-led PetroGreen Energy Corporation (PGEC), signed on May 3, 2024 a 10-year power supply agreement with SN Aboitiz Power Group (SNAP). Under the agreement, SGEC will supply SNAP with 15.6 MWAC of power from its renewable energy facilities commencing in 2025
“This power supply agreement strengthens the viability of our 19.6 MWDC San Jose Solar Power Project (SJSPP) in Nueva Ecija, our first investment in the province. That we are signing this with SNAP with whom we have inked five power supply contracts since 2019 starting with our Tarlac-2 solar project testifies to the continuing mutually beneficial relationship between our companies and our shared commitment to enhancing the country’s energy security through renewable energy, “says PGEC President & CEO F.G. Delfin, Jr.
Site development and transmission line works are currently on-going for the 10.1 MWDC Phase 1 of SJSPP which is targeted for completion by early 2025. The 9.5MWDC Phase 2 will be on-line to the grid by Q4 2025.
SNAP President Joseph Yu remarked, “This investment with PGEC for a long-term, renewable power supply aligns with our mission of providing Responsible Energy to our customers who share our commitment of championing sustainability and powering positive change for the country.”
SIGNATURES
Pursuant to the requirements of the Securities Regulation Code, the issuer has duly caused this report to be signed on behalf by the undersigned hereunto duly authorized.
PETROENEGY RESOURCES CORPORATION Issuer
By: Atty. Louie Mark R. Limcolioc Assistant Corporate Secretary Alternate Information Officer Compliance Officer
Date: May 13, 2024
DISCLAIMER: This disclosure may contain forward-looking statements within the meaning of applicable securities laws. These forwardlooking statements are based on our current expectations, assumptions, estimates, and projections about our business and industry. Forward-looking statements may include, but are not limited to, statements concerning anticipated future financial performance, business prospects, growth strategies, potential developments, and other matters that are not historical facts.
These forward-looking statements are subject to risks, uncertainties, and assumptions, including, but not limited to, those described in our filings with the Philippine Stock Exchange and other regulatory authorities. These risks and uncertainties may cause actual results to differ materially from those expressed or implied in the forward-looking statements.
Readers are cautioned not to place undue reliance on forward-looking statements. We undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by law. Any forward-looking statements made in this disclosure speak only as of the date hereof and should not be unduly relied upon. We disclaim any obligation to update or revise any forward-looking statements.
