CLP HOLDINGS

Overview

CLP Holdings is an Asia-Pacific electricity and energy company, with an integrated utility business in Hong Kong and power generation and energy investments across the region. Its operations span Hong Kong, the Chinese Mainland, Australia, India, Taiwan and Southeast Asia, with activities including electricity generation and related energy services. Its generation portfolio includes gas, coal, nuclear and renewable energy.[1]+2 CLP states its purpose as “Power Brighter Tomorrows” and its mission as providing sustainable energy solutions that create value for shareholders, customers, employees and the wider community.[3]

CLP was incorporated in Hong Kong in 1901 and began supplying electricity in the territory in the early twentieth century.[4] In its FY2025 reporting, the latest annual reporting year available as of 2 October 2026, the company reported revenue of HK$88,018 million. Its 2025 Sustainability Report recorded 8,467.2 employee full-time equivalents, excluding contractors.[5]+2 [5]+6

Products & services

CLP Holdings’ principal product is electricity generated from gas, coal, nuclear, hydro, wind and solar assets and supplied to customers through its regional businesses. At FY2025, it reported generation capacity of 7,222 MW in Hong Kong, 7,075 MW in the Chinese Mainland, 5,612 MW at EnergyAustralia and 1,699 MW at Apraava Energy, alongside smaller operations in Taiwan and Thailand. Its portfolio includes gas-fired stations in Hong Kong, nuclear interests at Daya Bay and Yangjiang, and renewable wind, hydro and solar projects across the Chinese Mainland, Australia and India.[8]+2

In Hong Kong, CLP Power provides electricity through a 17,400 km transmission and distribution network, including 400 kV and 132 kV infrastructure, and reported 2.9 million retail customer accounts and 2.9 million connected smart meters. Hong Kong local electricity sales in 2025 totaled 35,760 GWh: commercial customers accounted for 39%, infrastructure and public services 29%, residential customers 28%, and manufacturing 4%.[11][12]

CLP’s other offerings include EnergyAustralia electricity and gas plans, solar and battery products, and EV-oriented electricity plans; it reported 2.30 million retail accounts in December 2025, comprising 1.50 million electricity and 0.80 million gas accounts.[13]+3 Through CLPe, the company also provides commercial and industrial energy services including solar, storage, EV charging, cooling and heating, compressed air, vacuum, engineering, smart-energy solutions and consulting. Its fleet-charging offer includes fast and super-fast charging, an app and a fleet-management platform.[17][18] [8]+10

Geographic presence

CLP Holdings’ operating footprint spans Hong Kong, the Chinese Mainland, Australia, India, Taiwan Region and Southeast Asia. In 2025, its reported generation capacity included 7,222 MW in Hong Kong, 8,098 MW in the Chinese Mainland, 5,787 MW in Australia, 1,974 MW for Apraava Energy in India, 264 MW in Taiwan and 21 MW in Thailand. Hong Kong is also a major electricity-network and retail market, with 17,400 km of transmission and distribution lines and 2.9 million retail accounts. In Australia, CLP reported 2.3 million retail accounts across New South Wales (1.2 million), Victoria (0.9 million), South Australia (0.1 million) and Queensland (0.1 million).[8]

For 2025, energy sent out was 23.9 TWh in Hong Kong, 30.6 TWh in the Chinese Mainland, 16.1 TWh in Australia, 4.9 TWh for Apraava Energy, and 1.7 TWh across Taiwan Region and Southeast Asia. Hong Kong electricity sales totalled 35,760 GWh; by customer category, 28% was residential, 39% commercial, 29% infrastructure and public services, and 4% manufacturing. These are sales-volume shares, not geographic revenue shares.[19][12]

CLP reported average 2025 employee FTEs of 5,417.8 in Hong Kong, 778.3 in the Chinese Mainland and 2,271.0 in Australia, against a group total of 8,467.2. Its headquarters and registered office are at 43 Shing Kai Road, Kai Tak, Kowloon, Hong Kong.[7][20] [8]+4

Business segments

CLP Holdings’ 2025 segment-information presentation reports five operating geographies/business units. Using Operating Earnings as the contribution measure, Hong Kong energy and related activities contributed HK$9,251 million, approximately 84.8% of Group Operating Earnings; Chinese Mainland contributed HK$1,830 million (16.8%); EnergyAustralia HK$294 million (2.7%); Apraava Energy HK$221 million (2.0%); and Taiwan Region and Southeast Asia HK$179 million (1.6%). Other earnings and unallocated items were negative HK$866 million (−7.9%). These percentages are approximate and calculated against Group Operating Earnings of HK$10,909 million; because the unallocated line is negative, operating-business shares together exceed 100%.[21]+2

The business units cover Hong Kong energy activities, including CLPe and related businesses; Chinese Mainland nuclear, renewables and thermal operations; EnergyAustralia generation and retail; Apraava Energy’s Indian renewables, transmission, advanced metering infrastructure and thermal activities; and thermal and renewable activities in Taiwan and Southeast Asia.[19]+3

CLP also presents energy sent out as a physical-output view: in 2025, Hong Kong accounted for approximately 31.0% of the reported total, Chinese Mainland 39.6%, EnergyAustralia 20.9%, Apraava Energy 6.3%, and Taiwan Region and Southeast Asia 2.2%. These approximate shares are calculated from the reported geographic totals and are not revenue contributions.[21][2] [21]+6

Company history

CLP Holdings traces its origins to 1901, when China Light & Power Company Syndicate was incorporated in Hong Kong. Its first power station began operating in Hung Hom in 1903. CLP expanded into mainland China in 1979 by supplying electricity to Guangdong; in 1985 it joined the Daya Bay nuclear power project, whose station began supplying Hong Kong in 1994.[4]+2

A 1998 reorganisation made CLP Holdings the Group’s listed holding company, with the Hong Kong electricity business placed under CLP Power Hong Kong. The Group expanded internationally with its 2001 entry into Australia through a majority investment in Yallourn Energy, followed by entry into India in 2002 through the acquisition of the Paguthan power station. In 2011 it acquired EnergyAustralia’s retail business in New South Wales. CLP India adopted the name Apraava Energy in 2021, and in 2022 CLP and CDPQ became equal owners of the business.[27]+5 [4]+8

Sources

• CLP HOLDINGS — Presentation (2025 Y)
  14 citations

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