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CLP Group
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==Markets outside Hong Kong== In recent years, CLP has sought to expand outside of its native Hong Kong, accomplishing this through [[mergers and acquisitions]]. Markets outside Hong Kong it has entered include Australia (through [[EnergyAustralia]]),<ref name=histmod/> [[India]],<ref name=histmod/> [[Mainland China]],<ref name=histearly90s/> Southeast Asia mainly ([[Thailand]] and [[Indonesia]]) and [[Taiwan]].<ref name=histearly90s/> Its first market outside Hong Kong was mainland China; by way of connecting its power stations in Hong Kong to the Chinese mainland [[electrical grid|grid]],<ref>{{Cite news|url=https://asia.nikkei.com/Business/Companies/CLP-Holdings-to-buy-17-stake-in-China-nuclear-plant|title=CLP Holdings to buy 17% stake in China nuclear plant- Nikkei Asian Review|work=Nikkei Asian Review|access-date=2017-09-25|language=en}}</ref> CLP began supplying power in 1979.<ref name=histcv>[https://www.clpgroup.com/ourcompany/aboutus/ourhistory/Pages/ourhistory.aspx#tab3 Our history: 1970β1985; Chinese vision] {{Webarchive|url=https://web.archive.org/web/20140222031155/https://www.clpgroup.com/ourcompany/aboutus/ourhistory/Pages/ourhistory.aspx#tab3 |date=22 February 2014 }} CLP official website</ref> The 1990s saw the start of expansionary [[mergers and acquisitions|M&A]] activity with CLP acquiring nearly a half-dozen companies between 1996 and 2005. In 1996 the company entered joint-ventures with [[Taiwan Cement Corporation]];<ref name=histearly90s/> in 1998, part ownership of Thai Electricity Generating Public Co Ltd;<ref name=histmod/> and in 2001, Australian Yallourn Energy.<ref name=histmod/> It expanded operations in Australia to include retailing when it bought [[TRUenergy|TXU Merchant Energy]] in 2005.<ref name=histrecent/> And in 2002 CLP acquired an Indian company, Gujarat Paguthan Energy Corporation Private Limited.<ref name=histmod/>
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