Three power stations currently operated by CLP in Hong Kong, viz. Black Point Power Station, Castle Peak Power Station and Penny’s Bay Power Station are owned by Castle Peak Power Company Limited (CAPCO). CAPCO is a joint venture of CLP Power Hong Kong Limited and China Southern Power Grid International (HK) Co., Ltd., a wholly-owned subsidiary of China Southern Power Grid Co. Ltd (CSG), under a 70/30 partnership.
CLP has been a close business associate of CSG since 1979.
In view of the increasing integration between Hong Kong and Guangdong, we see the strategic partnership with CSG as a natural extension of our past – and extremely successful – collaboration.
We believe our collaboration with CSG will pave way for new business opportunities for both parties in the long term.