Power Assets Holdings

Power Assets Holdings Limited, formerly Hongkong Electric Holdings Limited , 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.

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.

Holdings
Power Assets Holdings has shareholdings in the following businesses:
 * The Hongkong Electric Company (33.37%) - 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%