CLP Holdings Limited (CLP) announced today the Group’s operating earnings for the first half of 2020 were HK$6,129 million, an increase of 12% compared to the same period of 2019. While the underlying performance of its operations remained stable, the increase in earnings was primarily due to positive changes in the fair value of energy hedging contracts. Total earnings were HK$6,010 million as compared to a loss of HK$907 million in 2019 following the impairment of goodwill in the Australian business.
CLP Holdings Limited (CLP) has been recently notified that emails with false information about potential transactions involving entities named “CLP Group Asia” and “CLP Power Hong Kong (“UAG”)” have been distributed to members of the public by individuals who purport to represent ASCON GROUP GmbH (ASCON) and Powidian. CLP hereby clarifies that it is not connected in any way with these emails, and their contents were neither authorised nor endorsed by the Company
In view of the latest development of the novel coronavirus in the community, CLP Power Hong Kong Limited (CLP Power) will reduce the routine meter reading service. The company will timely review the special arrangement and request the kind understanding of the customers.
CLP Power Hong Kong Limited (CLP Power) is recognised as one of the world’s twelve most attractive employers in 2019 and inducted in the Hall of Fame for 2020/2021 by international human resources firm Randstad, becoming the first company in Hong Kong to receive this honour.
CLP Power Hong Kong Limited (CLP Power) announces that its wholly-owned subsidiary CLP Power Hong Kong Financing Limited has successfully completed the issuance of US$750 million 2.125% senior unsecured notes due 2030 (the 2030 Notes) and US$250 million 2.500% senior unsecured notes due 2035 (the 2035 Notes) under CLP Power Hong Kong Financing Limited’s US$4.5 billion Medium Term Note Programme. The 2030 Notes and 2035 Notes were unconditionally and irrevocably guaranteed by CLP Power, rated A1 and A+ by Moody’s and Standard and Poor’s respectively, and will be listed on The Stock Exchange of Hong Kong Limited. The proceeds from the Notes will be used for general corporate purposes.
CLP Power Hong Kong Limited (CLP Power) has hosted five online caring visits to elderly people to continue its Sharing the Festive Joy programme despite the social distancing restrictions introduced because of COVID-19 pandemic. The online events – the first of their kind – were held in partnership with the Po Leung Kuk, Tung Wah Group of Hospitals and Yan Chai Hospital and allowed for more than 200 people from elderly homes and day care centres to celebrate the Tuen Ng festival.
Castle Peak Power Company Limited (CAPCO) is pleased to announce that it has successfully priced the issuance, through its wholly-owned subsidiary Castle Peak Power Finance Company Limited (incorporated with limited liability under the laws of the British Virgin Islands), of a US$350 million Energy Transition Bond (the Bond) under the Climate Action Finance Framework (CAFF) of its parent company CLP Holdings Limited (CLP). The transaction was well-supported by institutional investors, with a coupon of 2.20%, recognising the growing importance of energy transition bonds to enable meaningful action on climate change in Asia.
CLP Innovation Enterprises Limited, a wholly-owned subsidiary of CLP Holdings Limited (CLP), today formed a partnership with CYZone, a leading provider of event and information services supporting the growth of technology innovators in Mainland China, to help scout the most promising smart energy technologies amid growing demand for more digitally-connected and sustainable energy services.
As the coronavirus outbreak eases in Hong Kong and restrictions on restaurants relax gradually, CLP Power Hong Kong Limited (CLP Power) will give out 80,000 bottles of long-term disinfectant spray to help around 12,000 restaurants in its supply area fight the virus and strengthen confidence among diners.
The coronavirus outbreak in Hong Kong appears to be slowing, but it is essential that anti-virus measures are maintained to prevent new infections. CLP Power Hong Kong Limited (CLP Power) has shown its care to the community and the people in need through various non-governmental organisations and community partners. It has teamed up with Hong Kong Community Anti-Coronavirus Link for donating 100,000 surgical masks to underprivileged families through around 230 secondary schools to safeguard students' health when classes resume. CLP Power has also donated more than 100,000 bottles of disinfectant sprays to people in need in its supply areas with the support of The Lok Sin Tong Benevolent Society, Kowloon and community partners.
The 2020 Quarterly Statement (January - March) of CLP Holdings Limited has been released. The same Statement will be dispatched to shareholders on 21 May 2020.
In light of the COVID-19 situation, the 2020 Annual General Meeting (AGM) of CLP Holdings Limited was held in a hybrid format today, allowing shareholders to attend the meeting in person or participate from the safety and convenience of their homes. The format was first introduced in 2019.
Since the implementation of stay at home and social distancing measures in place to prevent the spread of the COVID-19 pandemic, more families are spending time at home. CLP Power Hong Kong Limited (CLP Power) has teamed up with social enterprises and celebrity chefs to launch a range of services and exciting offers that our customers can access at the newly launched CLP Power app and website from the comfort and safety of their homes.
Due to the COVID-19 situation and to ensure the safety of CLP’s shareholders and others attending the meeting, the number of shareholders permitted to attend the physical meeting of the AGM in person is limited to 50 and prior registration is required. The registration period ended at 5:00pm on 27 April 2020. As there was an over-application, a ballot was conducted.
CLP Holdings Limited (CLP) announces important arrangements regarding its 2020 Annual General Meeting (AGM) in light of the COVID-19 situation.
It has come to the attention of CLP Holdings Limited (CLP) that some unidentified parties have made use of the Chinese name of the Group “中電控股” and corporate logo to set up a fake mobile application in Mainland China, with the intention of soliciting financial investments.
CLP’s 400kV power system voltage dip incident on 30 March 2020
In response to the class suspension of schools during the coronavirus outbreak, CLP Power Hong Kong Limited (CLP Power) has made available a series of free online education materials to allow teachers from primary schools and kindergartens to conduct online lessons and pupils studying at home to continue to learn about environmental protection and electricity.
In support of the Government’s enhanced anti-epidemic measures to reduce the risk of the spread of the novel coronavirus in the community, and care for the wellbeing of our staff and customers, CLP Power Hong Kong Limited (CLP Power) will strengthen the special work arrangement by a combination of reduction in non-essential works, work-from-home and flexi-hours, while striving for maintaining our power supply service. The company will timely review the special arrangement and request the kind understanding of our customers.
CLP Power Hong Kong Limited (CLP Power) announced that all its Customer Service Centres will resume service from 9 March (next Monday), service hour and details are as follows: