COVER SHEET
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M C I
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SEC Registration Number
H O L D I N G S , I N C .
(Company's Full Name)
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F L R .
D A C O N
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C
H I N O
R O C E S
A V E . M A K A T I
C I T Y
(Business Address: No., Street City / Town / Province)
HERBERT M. CONSUNJI
Contact Person
8888-3000
Company Telephone Number
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Annual Meeting
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Total Amount of Borrowings
Total No. of Stockholders
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Remarks: Please use BLACK ink for scanning purposes
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SECURITIES AND EXCHANGE COMMISSION
SEC FORM 17-C
CURRENT REPORT UNDER SECTION 17
OF THE SECURITIES REGULATION CODE
AND SRC RULE 17.2(c) THEREUNDER
1. January 15, 2025
Date of Report (Date of earliest event reported)
2. SEC Identification Number ASO95-002283 | 3. BIR Tax Identification No. 004-703-376 |
4. DMCI Holdings, Inc.
Exact name of issuer as specified in its charter
5. | Philippines | 6. | (SEC Use Only) | ||
Province, country or other jurisdiction of | Industry Classification Code: | ||||
incorporation | |||||
7. | 3/F Dacon Building, 2281 Don Chino Roces Avenue, Makati City | 1231 | |||
Address of principal office | Postal Code | ||||
8. | (632) 8888-3000 | ||||
Issuer's telephone number, including area code | |||||
9. | Not applicable | ||||
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 | No. of Shares Outstanding | Amount |
Common Shares | 13,277,470,000 | Php13,277,470,000.00 |
Preferred Shares "Class A" | 960 | 960.00 |
Preferred Shares "Class B" | 10,000,000 | 10,000,000.00 |
TOTAL | 13,287,470,960 | Php13,287,470,960.00 |
11. Indicate the item numbers reported herein: Item 9
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This is to inform the investing public of the following press release:
DMCI Power hits record energy sales in 2024;
Semirara Wind Project on track for early 2025 operations
Leading off-grid energy provider DMCI Power Corporation (DPC) achieved record-breaking energy sales in 2024, delivering 491.2 GWh - a 9% increase from the previous year.
This growth was driven by rising demand in Palawan, Masbate, and Oriental Mindoro, coupled with the full-year operations of its 15MW Palawan Thermal Power Plant, which began supplying reliable energy to the local community in August 2023.
The milestone marks DPC's 14th consecutive year of record-breaking performance since it began operations in Masbate in 2010.
"2024 was a breakthrough year for DMCI Power as we achieved record-high energy sales and ensured reliable operations across all our plants. The sustained growth in demand highlights our critical role in powering off-grid areas," said DPC president Antonino E. Gatdula, Jr.
In 2025, DPC aims to expand its installed capacity by 27% with 43MW of projects under development. Among these is the 12MW Semirara Wind Project, the company's first renewable energy venture, which is on track for commercial operations in early 2025. This project will provide renewable energy to support mining operations in Semirara Island.
Additional projects include an 8MW bunker power plant in Aborlan, Palawan, set for completion in the first quarter of 2025, and another 8MW bunker power plant in Masbate, expected to be operational by the second quarter.
"DMCI Power remains committed to meeting the growing energy needs of off-grid areas. We were recently awarded contracts to supply 2MW in Antique and an additional 15MW in Palawan. Our ongoing and upcoming projects aim to deliver reliable and efficient energy solutions that support national progress," Gatdula added.
About DMCI Power
DMCI Power Corporation (DMCI Power) is a wholly-owned subsidiary of DMCI Holdings, Inc. As the largest off-grid energy supplier in the Philippines, the company has 159.8 MW of installed capacity and operates thermal, bunker, and diesel power plants in Masbate, Oriental Mindoro, and Palawan.
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Forward-Looking Statements
This press release contains forward-looking statements, which are subject to risks and uncertainties that may cause actual performance to differ materially from expected results or projections as of the date of this news release. No assurance can be given that the results anticipated by DMCI Holdings and DMCI Power or indicated by any such forward looking statements, will be achieved.
SIGNATURES
Pursuant to the requirements of the Securities Regulation Code, the issuer has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
DMCI Holdings, Inc.
Issuer
January 15, 2025
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