We are owned by a consortium of three partners (described below) all of whom are committed to supporting our business in its mission to deliver a safe and reliable gas service, deliver excellent customer service and go the extra mile for the communities we serve.
Cheung Kong Infrastructure (CKI) is a diversified infrastructure company with a market capitalisation of HK$105.0billion* (£8.7billion^) and operations that span the globe.
CKI is a key member of the Cheung Kong Group, which is one of the largest conglomerate groups in the world that comprises eight listed companies with a combined market capitalisation of HK$729.0billion (£60.6billion). CKI’s direct parent company, Hutchison Whampoa, is a leading global conglomerate with approximately HK$271.4billion (£22.6billion) market capitalisation. CKI has a diversified business profile holding investments in energy, transportation and water infrastructure projects and infrastructure related businesses.
CKI’s operations span the globe with presence in Hong Kong, the UK, Australia, Mainland China, Canada and New Zealand. In the UK, besides Northern Gas Networks, CKI also owns the UK Power Networks Group and Northumbrian Water. CKI also has a strategic stake in Southern Water Group.
*Market capitalisation data as of 7 June 2012 close
^HK$/GBP exchange rate as of 7 June 2012 = 12.031
Power Assets Holding Limited owns and operates a vertically integrated electricity generation, transmission and distribution business in Hong Kong.
It is part owned by CKI and in partnership, they have 12 global investments over six countries in four continents, in power and utility-related businesses with investments in electricity generation, transmission and distribution, renewable energy and gas distribution. It is listed on the Hong Kong Stock Exchange.
SAS Trustee Corporation is a pension fund for government employees in the state of New South Wales in Australia.
All three owners are committed to supporting our business in its mission to provide a safe and reliable gas service.