21.07.2010 - EDF hasn't received formal,financed bids for UK grids
From Dow Jones: Electricite de France SA still hasn't received formal, fully financed bids for the potential sale of its U.K. power distribution grids. Bidders include Hong Kong-based Cheung Kong Infrastructure, or CKI, and a consortium comprising sovereign wealth fund Abu Dhabi Investment Authority, Macquarie Capital and Canada Pension Plan. EDF is considering selling its three U.K. low-voltage electricity distribution grids as part of a plan to reduce its debt. The assets have been valued from around GBP4 billion to GBP5 billion..............................................Full Article: Source
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