Power Assets Holdings Limited (電能實業有限公司 ) is a vertically integrated electric utility company. Its subsidiary Hongkong Electric Company

Hongkong Electric Company

The Hongkong Electric Company is one of Hong Kong's two main electricity generators. The other is China Light & Power. It is a subsidiary of Power Assets Holdings Limited, which was known as Hongkong Electric Holdings Limited until February 2011....

 was the first company to provide electricity in Hong Kong

Hong Kong

Hong Kong is one of two Special Administrative Regions of the People's Republic of China , the other being Macau. A city-state situated on China's south coast and enclosed by the Pearl River Delta and South China Sea, it is renowned for its expansive skyline and deep natural harbour...

. The service has been running in continuation since the 19th century. Hong Kong Electric operates as a duopoly with CLP Group.

Before 11 February 2011 the holding company was known as Hongkong Electric Holdings Limited

Corporate Structure

Cheung Kong (Holdings) Limited

owns 49.7% of:

Hutchison Whampoa Limited

which owns 84.58% of:

Cheung Kong Infrastructure Holdings Limited

which owns 38.87% of:

Power Assets Holdings Limited

Under Power Assets Holdings Limited there are three major subsidiaries:

• The Hong Kong Electric Company Ltd. - one out of the two suppliers of electricity in the Hong Kong electricity market.
• Power Assets Investments Limited (previously known as Hong Kong Electric International Limited) - the international arm of the company. The unit consists of:
• Zhuhai Power 45%
• ETSA Utilities
  ETSA Utilities
  ETSA Utilities is the operator of the South Australian electricity distribution network, delivering electricity from the high voltage transmission network connection points through a network of about 85,000 kilometres of powerlines, to over 782,000 residential and business customers throughout most...
  
  , 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 Limited
  Northern Gas Networks Limited
  Northern Gas Networks Limited is the British company responsible for distributing gas to homes and businesses across Yorkshire, the North East and northern Cumbria, England...
  
  , UK - 41.29% (19.9% stake acquired in 2005)
• Wellington Electricity Distribution Network - 50% acquired in 2007
• Associated Technical Services Limited

External links

• Power Assets Holdings Limited - Homepage
• Hongkong Electric Company - Homepage