Completion of acquisitions of further interest in Castle Peak Power Company Limited and remaining interest in Hong Kong Pumped Storage Development Company, Limited

CLP Holdings Limited (CLP) is pleased to announce today its wholly-owned subsidiary CLP Power Hong Kong Limited (CLP Power) has completed, in collaboration with China Southern Power Grid International (HK) Co., Limited (CSG HK), a wholly-owned subsidiary of China Southern Power Grid Co., Limited, the acquisition of 60% interest in Castle Peak Power Company Limited (CAPCO) held by ExxonMobil Energy Limited, a wholly-owned subsidiary of Exxon Mobil Corporation. Separately, CLP Power has also completed the acquisition of ExxonMobil’s 51% stake in Hong Kong Pumped Storage Development Company, Limited (PSDC).

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