Shanghai Electric Power & Energy Development
{{#badges: CoalVictoria|Navbar-Victoriaandcoal}}Shanghai Electric Power & Energy Development is the parent company of Shanghai Electric Australia Power & Energy Development, an unlisted company registered in Australia to develop a brown coal project in Victoria, Australia. The ultimate owner of Shanghai Electric Power & Energy Development is China Power Investment Corporation, one of the largest state-owned Chinese power companies.
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Shanghai Electric Australia Power & Energy Development
In September 2012 the then Victorian Premier, Ted Baillieu, met with senior officials from Shanghai Electric Power and Han Zheng -the Deputy Party Secretary and Mayor in Shanghai at Hengshan Hotel "to boost the Sino-Australia project cooperation on upgrading and moulding of lignite."[1] Shanghai Electric Power does not provide details of Shanghai Electric Power & Energy Development on its website, it states that it is "one of the major listed companies of China Power Investment Corporation."[2]
Shanghai Electric Australia Power & Energy Development was registered with the Australian Securities and Investment Commission (ASIC) on November 16, 2012.[3]
Of the 1 million shares, 95% have been allocated to Shanghai Electric Power & Energy Development, the direct parent company, with the remaining five per cent allocated to the Shanghai Pacific Power Pty Ltd, a company registered in Australia in October 2010. Shanghai Pacific Power is a small Australian registered company with 9,000 $1 shares issued with 51% owned by Allan Farrar, who is also company secretary of Shanghai Electric Australia Power & Energy Development.[4]
In its application for registration as an Australian company, Shanghai Electric Australia Power & Energy Development states that its ultimate holding company is China Power Investment Corporation.[5] (See Shanghai Electric Australia Power & Energy Development for more details on the proposed Australian operation.)
Contact details[6]
Shanghai Electric Power & Energy Development
Room 1701 (153)
17/f Henan Building
No 90 Jaffe Road
Wanchai, Hong Kong, China
Articles and resources
References
- ↑ Shanghai Electric Power, "The leaders of Shanghai Electric Power accompanied the mayor - Han Zheng to meet with the government delegation from the State of Victoria in Australia", Shanghai Electric Power website, September 21, 2012.
- ↑ Shanghai Electric Power, "Corporate Profile", Shanghai Electric Power website, accessed May 2014.
- ↑ "Shanghai Electric Australia Power & Energy Development", Australian Securities and Investment Commission website, accessed August 7, 2013.
- ↑ Shanghai Pacific Power, “Current & Historical Company Extract”, Australian Securities and Investment Commission, September 6, 2013, page 2.
- ↑ Shanghai Electric Australia Power & Energy Development, "Shanghai Electric Australia Power & Energy Development Application for Registration as a Proprietary Company", Australian Securities & Investment Commission, as November 16, 2012, page 4.
- ↑ Shanghai Electric Australia Power & Energy Development, "Shanghai Electric Australia Power & Energy Development Application for Registration as a Proprietary Company", Australian Securities & Investment Commission, as November 16, 2012, page 2.
Related SourceWatch articles
- Australia and coal
- Carbon Capture and Storage
- Carbon Capture and Storage in Australia
- New South Wales and coal
- Queensland and coal
External resources
- Shanghai Electric Australia Power & Energy Development, "Shanghai Electric Australia Power & Energy Development Application for Registration as a Proprietary Company", Australian Securities & Investment Commission, as November 16, 2012.
- "Shanghai Electric Australia Power & Energy Development Current & Historical Company Extract", Australian Securities & Investment Commission, as of September 5, 2013.
