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The Hong Kong and China Gas Company Limited, known as Towngas, is Hong Kong's original public utility. It supplies reliable, clean energy to residential and commercial clients across Hong Kong and mainland China. Its diversified portfolio includes city gas, renewable energy, and environmental services. Towngas develops clean energy solutions like hydrogen, aiming for a sustainable future.
Founded in 1862, Towngas began when William Glen obtained a concession from Governor Sir Hercules Robinson to supply gas to Victoria, Hong Kong. Incorporated in June 1862, it rapidly established gas infrastructure. By December 1864, illumination was provided via piping and gas lamps to government facilities and businesses.
Towngas primarily serves residential and commercial users throughout Hong Kong and mainland China. Its vision prioritizes carbon neutrality, driving initiatives. The company invests in advanced clean energy technologies and expands operational capabilities, addressing future energy demands responsibly, promoting environmental leadership.
Towngas has 1 tracked investment across 1 company. The latest tracked deal is $12.8M Series A in i2Cool in May 2024.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| May 9, 2024 | i2Cool | $12.8M Series A | — | Future Times Technology Holding Company, Trustar Capital |
