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Sovereign Wealth Funds Briefing - Categorized | Fund Profile/New Launches, Investment, Market, Reserve Currencies

Abu Dhabi, Canada funds to jointly bid GBP5 bln for EDF UK network

Posted on 29 December 2009

From Domain-b.com: The sovereign wealth fund of Abu Dhabi and Canada’s largest pension fund have teamed up to make a £5 billion joint bid for French energy giant Electricite de France’s (EDF) electricity distribution network in the UK.

“One of the world’s largest sovereign wealth fund, the $627 billion Abu Dhabi Investment Authority (ADIA) is teaming up with Canada’s biggest pension fund, the $106 billion Canada Pension Plan (CPP),” the Telegraph Co UK said yesterday citing sources…………………………………….Full Article: Source


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