CLP sticks to nuclear for HK as it ramps renewables elsewhere

It spent USD250 million in both 2009 and 2010 on the Thai solar project and the wind projects in China and India. Last December, however, CLP subsidiary's Australian subsidiary, TRUenergy, reached an A$2.035 billion (USD1.96 billion) deal with the New South Wales Government to acquire two coal-fired generating plants with a combined 2,400MW of output, together with three development sites and an electricity distribution business.