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Hongkong Electric Snapshot
Power Assets Holdings (formerly Hongkong Electric Holdings) is parent to an eclectic group of subsidiaries that includes a utility, a global engineering consulting firm, and an international investment company. The jewel in the parent company's crown is Hongkong Electric Company, which serves more than 560,900 customers and has a generating capacity of 3,755 MW on Hong Kong Island and nearby Lamma Island. Power Assets also has energy interests in Australia, Canada,Thailand, and the UK through its Power Assets Investment unit. Through its Cheung Kong Infrastructure division, Cheung Kong (Holdings), controlled by Hong Kong billionaire Li Ka-shing, holds about 39% of Power Assets.
