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Sovereign Wealth Funds Briefing - Categorized | Investment, Market

Macquarie makes British power bid

Posted on 12 January 2010

From Smh.com.au: Macquarie has teamed with the Canadian Pension Plan Investment Board and the Abu Dhabi Investment Authority, a sovereign wealth fund, for a potential £4 billion ($A6.9 billion) bid to acquire a huge British power-distribution network.
The network, which comprises the British power assets of the French utility EDF, distributes electricity to millions of homes in the south of England. EDF is pursuing the sale to reduce debt……………………………………Full Article: Source


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