Power Assets Holdings Limited (0006.HK) HKSE

Currency In HKD

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Power Assets Holdings Limited

Address

Cheung Kong Center

Central,

Hong Kong

Phone

852 2122 9122

Sector

Utilities

Industry

Independent Power Producers

Employees

14

First IPO Date

January 04, 2000

Key Executives

NameTitlePayYear Born
Chao Chung Tsai BAppScMechEng BSMEChief Executive Officer & Executive Director5.21M1957
Cho Ying ChengExecutive Director70,0001957
Loi Shun Chan FCCA FCPAExecutive Director70,0001962
Andrew John Hunter MDBA MHKICPA MICASExecutive Chairman350,0001958
Wai Cheong NgGroup Legal Counsel & Company Secretary01969
Kee Ham ChanChief Financial Officer01963
Ka Man YuSenior Manager & Head of European Business01972
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Description

Power Assets Holdings Limited operates as an investment holding company primarily engaged in the generation, transmission, and distribution of electricity across Hong Kong, the United Kingdom, Australia, Mainland China, and other international regions. The company's energy portfolio is diverse, sourcing power from thermal, renewable, and waste materials. Beyond its core electricity business, Power Assets also handles the transmission and distribution of oil and gas, manages property and deposits, and offers various services including consulting, investment, trust administration, and management. Its substantial infrastructure includes a total generation capacity of 1,064 MW from renewable energy/waste, 5,214 MW from gas-fired plants, and 3,815 MW from coal/oil-fired facilities. The company also oversees an extensive network comprising 114,200 km of gas/oil pipelines and 402,500 km of power networks, collectively serving over 19.3 million customers. Established in 1889 and based in Central, Hong Kong, the company was rebranded as Power Assets Holdings Limited in February 2011, having previously been known as Hongkong Electric Holdings Limited.

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