diff --git a/.changelog/1.23.0/487.yml b/.changelog/1.23.0/487.yml
new file mode 100644
index 00000000..4c61c380
--- /dev/null
+++ b/.changelog/1.23.0/487.yml
@@ -0,0 +1,4 @@
+category: enhancement
+title: Update to latest Elastic cloud API
+description: |
+  Updates the generated clients and models to match the API available in Elastic cloud.
diff --git a/Makefile b/Makefile
index 186c4a24..29bd722c 100644
--- a/Makefile
+++ b/Makefile
@@ -1,6 +1,6 @@
 SHELL := /bin/bash
 export GO111MODULE ?= on
-export VERSION ?= v1.22.0
+export VERSION ?= v1.23.0
 export ECE_VERSION ?= $(shell cat ECE_VERSION)
 export ECE_BRANCH ?= ms-112
 ECE_DEF_FILE ?= api/version/$(ECE_VERSION).md
diff --git a/notes/v1.23.0.md b/notes/v1.23.0.md
new file mode 100644
index 00000000..dbe3f622
--- /dev/null
+++ b/notes/v1.23.0.md
@@ -0,0 +1,10 @@
+# Changelog
+
+This release of the Elastic Cloud SDK Go should be used for ECE Version `3.8.0`.
+
+## Enhancements
+
+### Update to latest Elastic cloud API ([#487](https://github.com/elastic/cloud-sdk-go/issues/487))
+
+Updates the generated clients and models to match the API available in Elastic cloud.
+