The Company acquired Energy Developments Pty Limited (EDL) jointly with CK Infrastructure Holdings Limited (CKI) and CK Asset Holdings Limited (CK Asset). Power Assets holds a 20% stake, while CKI and CK Asset each holds 40%.
EDL is an international provider of safe, clean, low emissions energy, remote energy solutions and renewables.
EDL owns and manages an international portfolio of about 80 projects comprising more than 983MW of power generation facilities in Australia, the United States and Europe, utilising a range of fuel sources including remote energy, natural gas (NG, CNG & LNG) and diesel, landfill gas, waste coal mine gas and wind.
In USA, EDL owns and operates a total of 193MW landfill gas power generation facilities.