CLP More Selective on China Renewables as It Eyes Other Markets

CLP Holdings Ltd. will be more selective with renewable energy projects in mainland China while exploring opportunities in Taiwan and Southeast Asia.

The Hong Kong-based utility, which this week reported an 11% drop in 2025 full-year net income to HK$10.5 billion ($1.3 billion), is pursuing more predictable revenue streams, Chief Executive Officer T.K. Chiang said in an interview with Bloomberg TV on Friday. Shares in the firm edged up 0.3% to HK$73.65.