C07293-2021

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)

Nov 3, 2021

2. SEC Identification Number

PW-937

3. BIR Tax Identification No.

000-391-438-000

4. Exact name of issuer as specified in its charter

EEI CORPORATION

5. Province, country or other jurisdiction of incorporation

MANILA, PHILIPPINES

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

NO. 12 MANGGAHAN ST., BAGUMBAYAN, QUEZON CITY Postal Code 1110

8. Issuer's telephone number, including area code

(632) 8-880-1821

9. Former name or former address, if changed since last report

NONE

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	1,036,281,485

11. Indicate the item numbers reported herein

NONE

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.

EEI CorporationEEI

PSE Disclosure Form 4-31 - Press Release References: SRC Rule 17 (SEC Form 17-C)
Section 4.4 of the Revised Disclosure Rules

Subject of the Disclosure

EEI ENERGY SUPPLIES RETAIL POWER TO GENSTAR, ACQUIRES GEOP OPERATING CONTRACT

Background/Description of the Disclosure

EEI Energy Solutions Corporation (EEI Energy), the retail arm of the Yuchengco-led EEI Power Corporation, signed a retail supply contract with Genstar Manufacturing Corporation, a Valenzuela-based manufacturer of plastic packaging. Energy delivery commenced last September.

“Genstar is the second customer in our portfolio that went through initial switching. We are truly honored to having been given the privilege of helping the company realize savings in their power bills and funds which it can use in other aspects of its operation,” said Cris Noel Torres, President of EEI Energy Solutions Corporation.

According to EEI Energy General Manager Salvador Salire, Jr., EEI Energy offers competitive retail rates and end-to-end solutions, including value added services, for commercial and industrial markets. Genstar, an initial switched customer, opted to enjoy the benefits of retail competition being a contestable customer. Genstar is the 4th customer of the startup EEI Energy.

“We encourage other contestable customers who are yet to switch to exercise their power of choice and explore with EEI Energy,” Salire added.

The current supply basket of EEI Energy is more than 4.2MW since it started commercial operation in February 2021.

Adding to EEI Energy’s prospects is the provision of renewable energy (RE) to customers who are qualified under the government’s Green Energy Option Program (GEOP), which is targeted to be commercialized by the end of the year. EEI Energy has been granted its GEOP Operating Permit by the Department of Energy last September.

The GEOP is among the mechanisms under the Renewable Energy Act of 2009 which aims to provide consumers with the option to choose RE as their source of energy. Qualified participants would be all electricity end-users with an average peak demand of 100kW and above for one year.

Aside from being a power generation company and a retail electricity supplier, EEI Power Corporation is likewise a credible and reliable supplier of electrical equipment such as electrical panels, switchgears, generator sets, transformers, busways and others.

EEI Power is also a licensed electro-mechanical contractor accredited by the Philippine Contractors Accreditation Board, providing services like preventive maintenance of electrical systems and equipment, power quality analysis, and refurbishment and rehabilitation, among others.

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Other Relevant Information

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Filed on behalf by:

Name	Teresita Salazar
Designation	Sr. Legal Services Officer