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CLP Holdings, the larger of Hong Kong’s two electricity suppliers, is looking for more partnerships with universities and strategic investments in start-ups with technologies and ideas that can help the 117 year-old utility become more cost efficient and better at meeting customer needs.
The following slide deck was published by CLP Holdings Ltd. ADR in conjunction with their 2017 Q4 earnings call.
CLP Holdings, the larger of Hong Kong’s two electricity suppliers, posted a better-than-expected 8 per cent net profit growth, thanks mainly to higher profits from Australia.
New Delhi: CLP India Pvt. Ltd, one of the largest foreign investors in the Indian power sector, is interested in acquiring Essel Infraprojects Ltd’s power transmission business at a potential valuation of around $1 billion.
Shares of CGN Power, China's largest nuclear power producer, surged as much as five per cent after it unveiled a plan to sell new shares, equivalent to a 10 per cent stake, to fund construction of four reactors.
New Delhi: CLP India Pvt. Ltd, one of the largest foreign investors in the Indian power sector, is looking at acquisitions to enter the transmission business amid low green energy tariffs that threaten profitability, said two people aware of the development.
Australia has vowed to impose formal restrictions on foreign investment in its electricity sector – where bids from mainland China and Hong Kong have previously been rejected on grounds of national interest – ahead of a federal election that could take place as soon as this year.
A sterling track record of dividend growth and a 3.5% yield should put this stock squarely on investors' radar. (1-0)
MELBOURNE (Reuters) - Australia’s government on Tuesday rejected calls to set a clean energy target, instead scrapping aid for renewable projects and adopting a fuel-neutral energy policy that it said could keep the country’s lights on and cut power prices. (2-1)
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. (2-0)
Move to make listed firms include environmental, social and governance criteria in annual reports adds burdens, but others say it is not enough
The larger of Hong Kong’s two electricity suppliers reports profit of HK$5.91 billion, 3.5pc down from 2016 and short of expectations
Where and how fortunes were made very much charted how quickly they grew their billions in the two decades since Hong Kong returned to Chinese power in 1997. (0-1)
Backed by steady returns from their local businesses, Hong Kong utility companies have seen overseas ventures yield results in the past two decades
CLP Holdings, the dominant electricity supplier to Hong Kong since 1901, said it’s scouting for new technologies from interactive consumer mobile apps to infrastructure operating data analytic tools to drones for inspecting power lines and cleaning solar panels.