British Columbia is about to open what’s likely to be the province’s last major hydroelectric dam project. The dam will increase power generation, but it’s still susceptible to an unpredictable climate — especially drought.

CLP Holdings Ltd. Chief Executive Officer Richard Lancaster discusses the company's recent performance and business strategy. He speaks with Bloomberg's Haidi Stroud-Watts and Shery Ahn on "Bloomberg Daybreak: Asia."

Hong Kong-based CLP Holdings Ltd. will submit an offshore wind project for approval as it seeks to capitalize on falling renewable energy costs and as surging prices of fossil fuels bite. Chief Executive Officer Richard Lancaster speaks...