

PSE Disclosure Form 4-30 - Material Information/Transactions
References:SRCRule17(SECForm17-C)and Sections4.1and4.4oftheRevisedDisclosureRules
Subject of the Disclosure
PetroWind secures P1.8 billion financing for Nabas-2 Wind Project
Background/Description of the Disclosure
Please see attached
Other Relevant Information
behalf by:
February 23, 2023
PHILIPPINESTOCKEXCHANGE
9th Floor, PhilippineStock ExchangeTower 28thStreetcorner5thAvenue,BGCTaguigCity
Attention: Ms. Alexandra D. Tom Wong Officer-in-Charge,DisclosureDepartment
7F JMT Building, ADB Avenue, Ortigas Center, PasigCity 1600, MetroManila, Philippines
Tel: (+632) 8637-2917
Fax: (+632) 8634-6066
Visit: www.petroenergy.com.ph
Subject: PetroWind secures P1.8 billion financing for Nabas-2 Wind Project
Gentlemen:
Please see attached copy of the SEC Form 17C on PetroWind Energy Inc. signing of a P1.8 Billion loan agreement with the state-run Development Bank of the Philippines for the development and construction of its 13.2 MW Nabas-2 Wind Power Project.
Thankyou.
Verytrulyyours,
Atty. LouieMark R. Limcolioc Assistant Corporate Secretary Compliance Officer
Pursuantto the requirementsof the SecuritiesRegulationCode,the issuerhas dulycausedthis reportto besignedonbehalf bytheundersignedhereuntodulyauthorized.
Issuer By: Atty. LouieMark R. Limcolioc Assistant Corporate Secretary/ Compliance Officer
Date: February 23, 2023
Yuchengco Group’s PetroWind Energy Inc. (PWEI) signed a P1.8 Billion loan agreementwiththestate-runDevelopmentBankofthePhilippines(DBP)forthedevelopment and construction of its 13.2 MW Nabas-2 Wind Power Project (Nabas-2). Both parties officially signed the Term Loan Agreement on February 22, 2023 in PWEI’s corporate office in Pasig City. Under the agreement, the loan with a 15-year tenor, will be utilized for major infrastructure build-up including the supply and installation of wind turbine generators, construction of a temporary jetty, internal access roads, and new substation and switching station.
L-R: PWEI President Milagros V. Reyes, DBP-Corporate Banking Group Senior Vice President Ma. Lourdes B. Gumba, BCPG Managing Director Niwat Adirek, and EEI Power President & CEO Roberto Jose L. Castillo,
“PWEI is DBP’s partner since 2013 and we are grateful that we have their support again for Nabas-2. Our partnership with DBP enabled us to successfully build our wind and solar power projects, which are now generating clean and indigenous power,” says PWEI President Milagros V. Reyes. “The successof our collaboration withDBP proves that publicprivate partnership built on the commitment to development, ushers in long-term benefits to the environment, communities, and the country,” adds Reyes.
DBP’s President and CEO Michael O. de Jesus likewise expressed DBP’s appreciation for the extended partnership. “This opportunity reaffirms the bank’s role and contribution in promoting the nation’s agenda of inclusive growth and economic development,” expressed de Jesus.
PWEI is the developer and operator of the 36 MW Nabas-1 Wind Power Project (Nabas-1), which started supplying clean power to the Visayas grid in June 2015. The company is a joint venture among PetroGreen Energy Corporation (PGEC), EEI Power Corporation (EEI Power), and BCPG Wind Cooperatief U.A., an affiliate of BCPG Public Company Limited, Thailand. PGEC and EEI Power are affiliates of the Yuchengco Group of Companies. PWEI recently won the Visayas wind allocation for its new 13.2 MW Nabas-2 projectinthefirsteverGreenEnergyAuctionProgram(GEAP)conductedbytheDepartment of Energy (DOE). ###