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  1. Hongkong Electric lines up $5b loan to refinance debt

    Posted Jul 11th 2006, 12:00am by Denise Tsang

    ... Denise Tsang The power company is evaluating a margin of 25 basis points above Hibor Power utility Hongkong Electric Holdings is arranging a $5 billion, seven-year loan largely ... arrangers. The loan, if it goes ahead, will be the utility's second this year after an A$617 million ($3.5 billion) five-year loan for its Australian subsidiary Hongkong Electric International ...

  2. HK Electric parent's profit up on UK assets

    Posted Jul 28th 2011, 12:00am

    ... Denise Tsang Denise.tsang@scmp.com Power Assets Holdings, formerly Hongkong Electric Holdings, is hunting for more overseas investments after recently acquired energy businesses catapulted ... by the Li Ka-shing Foundation. It was bought from Electricite de France last October for HK$70 billion. In Hong Kong, the earnings of Power Assets' electricity supply unit, Hongkong Electric ...

  3. HK Electric's profit hits home

    Posted Mar 10th 2006, 12:00am by Denise Tsang

    ... Denise Tsang Sale of overseas assets masks continuing shortfall in the permitted rate of return Hongkong Electric Holdings, which failed to earn a maximum return on its core power supply ... costs or create efficiencies. The scheme, which ties the utilities' return to their spending on power assets, saw Hongkong Electric spend $3 billion last year. An analyst from a European ...

  4. HK Electric hits permitted return as interim earnings climb to HK$4.8b

    Posted Mar 07th 2008, 12:00am by Staff Reporter

    ... Neil Gough Hongkong Electric Holdings managed last year to achieve its government-permitted return for the first time in five years- and possibly for the final time. The power supplier ... is unlikely to continue to reap the same windfalls in the future. The existing scheme of control agreement that allows duopoly power providers Hongkong Electric and CLP Holdings to earn a return of up ...

  5. HK Electric earnings grow 7.3pc

    Posted Aug 10th 2007, 12:00am by Denise Tsang

    ... Denise Tsang Hongkong Electric Holdings' first-half earnings grew 7.3 per cent to HK$2.66 billion as overseas operations cushioned a lacklustre performance at home. The utility, which ... Holdings earn between a 13.5 per cent and 15 per cent return on the average net fixed assets in use. The decline was despite an average 2.5 per cent rise in Hongkong Electric's tariffs ...

  6. HK Electric warns curbs put supply at risk

    Posted Feb 21st 2006, 12:00am by Denise Tsang

    ... Denise Tsang Utility says lower returns and pollution penalties will discourage investment Power utility Hongkong Electric Holdings says government plans to cut its future permitted ... regretted that Hongkong Electric 'got tense' as the government did not consult both companies ahead of releasing the consultation document. 'We are frustrated at the proposals ...

  7. Overseas income cushions drop in HK Electric profits

    Posted Aug 06th 2009, 12:00am by Denise Tsang

    ... Denise Tsang Power utility Hongkong Electric Holdings is hunting for more overseas acquisitions after assets from abroad cushioned a 15.9 per cent decline in first-half net profit ... governing the utility became effective on January 1. Hongkong Electric, ultimately controlled by Li Ka-shing, said the company would continue to look for investment opportunities outside Hong Kong ...

  8. HK Electric sees further boost from foreign units

    Posted Mar 04th 2010, 12:00am by Denise Tsang

    ... Denise Tsang Hongkong Electric Holdings expects an even larger contribution from its overseas portfolio this year after it provided a much-needed cushion to tumbling profitability on its ... the return on the fixed net assets of the city's two power utilities to 9.99 per cent from 13.5-15 per cent. Hongkong Electric, which has its core earnings tied to expenditure on power assets, ...

  9. CKI and HK Electric under credit watch

    Posted Aug 03rd 2010, 12:00am by Staff Reporter

    ... Bien Perez The ratings of Cheung Kong Infrastructure Holdings and Hongkong Electric Holdings were placed on credit watch yesterday after an offer to buy Electricite de France's power ... the electricity networks. ...

  10. HK Electric sees 1.8pc growth in consumption

    Posted May 12th 2006, 12:00am by Denise Tsang

    ... Kong and Lamma islands in the first three months of this year, according to power utility Hongkong Electric Holdings. Busier commercial activities boosted the occupancy rate of shops ... Hongkong Electric would team up with its immediate parent, Cheung Kong Infrastructure Holdings (CKI), in bidding for a slice of British water supplier Thames Water, valued at about $108 billion. ...




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