Power Assets Holdings

Power Assets Holdings Limited
Native name
電能實業有限公司
Company typePublic company
IndustryPublic Utility
Headquarters
Key people
Charles Tsai (CEO)
ProductsElectric service
OwnerCheung Kong Infrastructure Holdings (38.87%)
Websitewww.powerassets.com

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]

  1. ^ 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.
  2. ^ "Li Ka-shing's Power Assets shoots up on special dividend plan". Nikkei Asian Review. Retrieved 2019-02-06.

© MMXXIII Rich X Search. We shall prevail. All rights reserved. Rich X Search