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% References External links Companies listed on the Hong Kong Stock Exchange CK Hutchison Holdings Electric power companies of Hong Kong Companies in the Hang Seng Index Energy companies established in 1976 1976 establishments in Hong Kong