Press Release: DMCI Power Investing P3.5B in Masbate, Palawan

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D M C I H O L D I N G S , I N C .

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(Business Address: No., Street City / Town / Province)

HERBERT M. CONSUNJI

8888-3000

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3rd Tuesday of May

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SEC 17-C

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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. August 23, 2021

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	960	960.00
TOTAL	13,277,470,960	Php13,277,470,960.00

11. Indicate the item numbers reported herein: Item 9

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Item 9. Other Matters

This is to inform the investing public of the following Press Release.

DMCI POWER INVESTING P3.5B IN MASBATE, PALAWAN

Off-grid electricity supplier DMCI Power Corporation (DPC) is spending around P3.5 billion to expand its generation capacity in the off-grid market. Around P2.7 billion will be used to construct a thermal power plant in Narra, Palawan while P800 million will be spent on a hybrid diesel-solar power plant in Cataingan, Masbate.

The Palawan plant will have a capacity of 15MW while the Masbate plant will have a combined capacity of around 12MW, 4MW of which will come from solar energy.

Target commercial operation of the 12MW plant is first quarter of 2022 while the 15MW is set to go online by second quarter of 2023.

"These investments are in response to the government's mandate to accelerate the exploration, development and utilization of renewable energy and indigenous fuel resources, thus decreasing our dependence on imported fuel," said DPC COO Antonino E. Gatdula, Jr.

The operation of the new thermal plant is also expected to lower the cost of electricity in Palawan, which will reduce the subsidy paid by all consumers.

Once operational, the Palawan and Masbate power plants will increase the company's installed capacity in the missionary areas from 136.42MW to 163.72MW.

DPC was established in 2006 to provide sufficient and reliable electricity to areas that are not connected to the main transmission grid. Its off-takers include the electric cooperatives in Masbate, Palawan and Oriental Mindoro.

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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

August 23, 2021

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