Ownership structure

Pacific Hydro was acquired by the State Power Investment Corporation (SPIC) in January 2016, after obtaining approval from the Australian Government’s Foreign Investment Review Board (FIRB) and participating in a highly competitive international sale process.

SPIC is one of the top five power generation groups in China, with US$154 Billion total assets and a total installed capacity that exceeds 131 GW. SPIC operates in the generation, coal, aluminium, logistics, finance, environmental protection, and high technology industries. SPIC has a presence in 36 countries and regions abroad, including Australia, Chile, Malta, Japan, Brazil, Turkey and Vietnam.