[6][7] Hubco also raised $175 million through the issuance of global depository receipts (GDRs) on the Luxembourg Stock Exchange, which peaked at $13.25 upon introduction to the market on 5 October, with each GDR consisting of 25 shares.

[15] The claim was filed in response to WAPDA's withdrawal from the power purchase agreement, which was based on allegations of corruption involving former Hubco's business executives.

[15][5] In 2008, Hubco acquired a 75 percent stake in Laraib Energy and initiated an 84MW run-of-river hydroelectric power project downstream on the Mangla Dam.

[18] A year later, National Power UK divested its 17.44 percent shareholding to Dawood Hercules and Allied Bank Limited at PKR 31 per share.

[24] The $2 billion facility is now fully operational and is owned by CPHGC, a joint venture between Hubco and China Power International.

[25] In October 2024, Hubco prematurely terminated its energy purchase agreement for the power station based in Hub with the government of Pakistan amid concerns about coercion and threats of corruption cases against IPP owners if they sought international arbitration.