CLP Holdings Revenue, Net Worth, Marketcap, Competitors 2026

CLP Holdings Ltd. ranks among the largest investor-owned power businesses in Asia Pacific. Founded in Hong Kong in 1901, the company generates, transmits, and distributes electricity to more than 6 million people across Kowloon, the New Territories, and most outlying islands.

The company operates a diversified portfolio of power assets across Hong Kong, Mainland China, Australia, India, and Southeast Asia. CLP uses coal, gas, nuclear, and renewable energy sources to produce electricity.

Through its subsidiary EnergyAustralia, CLP serves over 2.4 million residential and business customers. The Kadoorie family has controlled the company since joining the board in 1930. CLP Holdings trades on the Hong Kong Stock Exchange.

CLP Holdings History

CLP Holdings Co-founders

CLP Holdings Revenue

CLP Holdings recorded revenue of HK$91 billion in 2024, representing a 4.35% increase from the previous year. Hong Kong operations generate the majority of earnings, while EnergyAustralia and Mainland China contribute growing shares.

CLP Holdings Market Cap

CLP Holdings maintains a market capitalization of approximately $22 billion USD as of December 2025. The company ranks as the 1,015th most valuable publicly traded company worldwide. Institutional investors and the Kadoorie family hold the largest stakes.

CLP Holdings Acquisitions

CLP Holdings has expanded beyond Hong Kong through strategic acquisitions and joint ventures across Asia Pacific. The company entered its first international markets during the 1990s through carefully selected partnerships and investments.

In 1996, CLP formed a joint venture with Taiwan Cement Corporation for the Ho-Ping coal-fired power project. Two years later, the company acquired a stake in Thailand’s Electricity Generating Public Company Limited. These deals established CLP’s presence in Southeast Asia and Taiwan.

Australia became a major growth market for CLP Holdings starting in 2001. The company acquired a majority stake in Yallourn Energy, gaining access to the Victorian electricity market. CLP expanded its Australian operations by purchasing TXU Merchant Energy in 2005, adding retail customers to its portfolio. The 2011 acquisition of EnergyAustralia transformed CLP into one of Australia’s largest integrated energy businesses, similar to how Duke Energy built its U.S. presence through acquisitions.

India represented another expansion target for CLP Holdings. The 2002 acquisition of Gujarat Paguthan Energy Corporation’s combined cycle power plant marked CLP’s entry into the Indian market. The company later developed the Mahatma Gandhi Super Thermal Power Project in Haryana. In 2018, Canadian pension fund CDPQ acquired a strategic stake in CLP India, now known as Apraava Energy.

CLP has also invested in renewable energy assets. The company held a 50% stake in Roaring 40s from 2005 to 2011, operating wind farms across Australia, China, Hong Kong, and India. More recently, CLP acquired solar and wind projects in India and Thailand. The company purchased a 5% stake in Venturous Group in 2022 to develop smart energy technology in the Greater Bay Area. These investments mirror the clean energy transitions at companies like Southern Company and other global utilities.

CLP Holdings Competitors

CLP Holdings competes with regional utilities and independent power producers across Asia Pacific. In Hong Kong, the company shares the electricity market with Hongkong Electric, which serves Hong Kong Island and Lamma Island.

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