Power Assets Holdings

Power Assets Holdings Limited is a Hong Kong-based investment holding company primarily engaged in the electricity and energy infrastructure business. The company was formed in 1976 as Hongkong Electric Holdings Limited and underwent its current name change in 2011 following the reorganisation of its parent company, Hongkong Electric Company, into a vertically-integrated energy group.
Power Assets Holdings operates through its two main subsidiaries: Hongkong Electric Company Limited, which provides electricity to Hong Kong Island and Lamma Island, and HK Electric Investments, which includes the group’s overseas electricity business and other related activities. The company also has investments in other energy-related businesses such as gas transmission and distribution, renewable energy, and metering services.
Power Assets Holdings is a listed company on the Hong Kong Stock Exchange, with majority ownership by Cheung Kong Infrastructure Holdings Limited (CKI), a large infrastructure company in Hong Kong. The company’s current Chairman is Victor K. Fung, a prominent businessman and economist in Hong Kong.
The company’s main goal is to provide reliable and sustainable energy solutions to its customers, while also operating in an environmentally responsible manner. It is committed to investing in innovative technologies and renewable energy sources to support the transition to a low-carbon economy. Power Assets Holdings also prides itself on its strong corporate governance and accountability, as well as its commitment to giving back to the community through various social and charitable initiatives.
In addition to its operations in Hong Kong, Power Assets Holdings has a growing footprint in various international markets, including the United Kingdom, Australia, Canada, and mainland China. As of 2021, the company’s total assets were valued at HK$81.6 billion.

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See Company Q&A