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Last update Dec 12, 9:06 AM CET
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Power Assets Holdings Limited Sponsored ADR
5.45
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Overview

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Description

Power Assets Holdings Limited is a prominent player in the energy and utilities sector, operating as a Sponsored American Depositary Receipt (ADR). The ADR enables U.S. investors easier access to invest in the company, which is originally listed on a foreign exchange. The primary function of Power Assets Holdings Limited is to generate, transmit, and distribute power across various regions, making it a critical component in the energy infrastructure space. The company holds stakes in electricity-related assets around the globe, contributing significantly to the energy sectors of different countries by ensuring reliable power supply and efficient energy distribution. It plays a crucial role in the renewable energy transformation, with investments in sustainable practices and eco-friendly technologies. Power Assets Holdings Limited is integral to the global electrical energy landscape, driving innovation and efficiency in the utility services it provides. Its market significance is underscored by its strong financial performance and strategic partnerships, making it a key player in shaping future energy solutions.

About

CEO
Mr. Chao Chung Tsai BAppScMechEng, BSME, CPEng
Employees
16
Address
Cheung Kong Center
Unit 2005 20th Floor 2 Queen’s Road
Central
Phone
852 2122 9122
Instrument type
American depositary receipt
Sector
Utilities
Industry
Utilities - Independent Power Producers
Country
Germany
MIC code
XFRA
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