Power Assets Holdings Limited (OTCMKTS:HGKGY) is a Hong Kong–based investment company focused on electricity and gas utility businesses. As a successor to Hongkong Electric Holdings, the company holds a majority interest in The Hongkong Electric Company, which supplies power to Hong Kong Island and Lamma Island. Through its core subsidiary, Power Assets oversees generation, transmission and distribution operations while maintaining a portfolio of regulated utility investments around the globe.
Beyond its flagship operation in Hong Kong, Power Assets maintains a diversified footprint across Asia, Europe and Australia. In the United Kingdom, the company holds stakes in regulated gas distribution networks and power generation assets. In Australia, it is a significant shareholder in energy infrastructure firms responsible for gas pipelines and electricity networks. On the Chinese mainland, Power Assets has invested in both conventional and renewable energy projects, including joint ventures operating in Guangdong province and other fast-growing regional markets. The company’s interests in India span thermal and renewable generation partnerships.
Power Assets’ business model centers on long-term, regulated returns and stable cash flows generated by utilities. Its activities encompass generation from coal, natural gas and renewable sources, ownership and operation of transmission cables and pipelines, and technical services such as system maintenance and smart-grid development. By combining legacy power plants with investments in emerging clean-energy technologies, the company seeks to balance reliability and environmental sustainability.
Founded through the origins of Hongkong Electric in 1890 and rebranded in 2015 to reflect its global ambitions, Power Assets is governed by an experienced board of directors and an executive management team with deep expertise in the energy sector. The company emphasizes strong corporate governance, risk management and stakeholder engagement as it pursues growth opportunities across regulated markets worldwide.
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