Power Assets Holdings
In this article we will explore in depth the topic of Power Assets Holdings, which has generated great interest and debate in different areas. From its origins to its relevance today, we will examine how Power Assets Holdings has impacted our lives and society at large. With a multidisciplinary approach, we will analyze various aspects related to Power Assets Holdings, from its influence in popular culture to its importance in the scientific field. Through this article, we seek to provide a comprehensive and enriching vision of Power Assets Holdings, with the aim of expanding knowledge and generating deep reflections on this intriguing topic.
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Native name | 電能實業有限公司 |
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| Company type | Public |
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| Industry | Public Utility |
| Headquarters | |
Key people | Charles Tsai (CEO) |
| Products | Electric service |
| Owner | Cheung Kong Infrastructure Holdings (38.87%) |
| Website | www |
Power Assets Holdings Limited (Chinese: 電能實業有限公司), formerly Hongkong Electric Holdings Limited (Chinese: 香港電燈集團有限公司), is a vertically integrated electric utility company. It is the majority shareholder in the Hongkong Electric Company, having reduced its holding in the company through a series of share sales, the most recent being in June 2015.[1]
The company owns significant holdings in a number of energy providers and networks around the world, in partnership with its parent company Cheung Kong Infrastructure Holdings, which holds a 38.87% stake in the business.[2]
Holdings
Power Assets Holdings has shareholdings in the following businesses:[3][4]
- The Hongkong Electric Company (33.37%)[5] - one of the two suppliers of electricity in the Hong Kong electricity market.
- Associated Technical Services Limited
- SA Power Networks, Australia - acquired in 2000
- Powercor Australia, - acquired in 2000
- CitiPower, Australia - acquired in 2002 and jointly owned by HEC's parent Cheung Kong International
- Ratchaburi Power Company Limited, Thailand - 25% stake with Ratchaburi Power Company
- Northern Gas Networks, UK - 41.29% (19.9% stake acquired in 2005)
- Wellington Electricity Distribution Network - 50% acquired in 2007
- UK Power Networks - 40%
- Wales & West Utilities - 30%
- Canadian Power Holdings Inc. - 50%
- Husky Midstream Limited Partnership - 48.75%
- Dutch Enviro Energy - 27%
- Energy Developments Limited - 20%
- Jinwan Power Plant - 45%
- Dali and Laoting Wind Farms - 45%
References
- ^ Ng, Eric (23 July 2015). "Li Ka-shing's Power Assets posts lower profit after stake sale in Hong Kong unit". South China Morning Post. Retrieved 25 August 2015.
- ^ "Li Ka-shing's Power Assets shoots up on special dividend plan". Nikkei Asian Review. Retrieved 2019-02-06.
- ^ "Our Business". Power Assets Holdings. Archived from the original on 11 August 2011. Retrieved 25 August 2015.
- ^ "Company website".
- ^ "Power Assets sells $991 mln HK Electric stake to Qatar". Reuters. 9 June 2015. Retrieved 25 August 2015.
External links
- Business data for Power Assets Holdings:
- Official website
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