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Hong Kong investor buys UK wind farms for £350mn

Financial Times LogoFinancial Times11h ago

Hong Kong investor buys UK wind farms for £350mn - Financial Times

Quick Summary:

CKI also said on Wednesday it had applied for a secondary listing on the London Stock Exchange, with admission expected on Monday.

Under the agreement, a consortium led by CK Infrastructure will acquire 32 onshore wind farms from Aviva Investors.

The UK accounted for the largest share of CKI’s global profits at 40 per cent in the first six months of this year, up from 36 per cent in the first half of 2023, the company said.


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Article Details

Author / Journalist: Chan Ho-him

Category: MarketsFinanceInvesting

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-14 @ 16:36:32 (11 hours ago)

News Timezone: GMT -5:00

News Source URL: ft.com

Language: English

Article Length: 552 words

Reading Time: 4 minutes read

Sentences: 24 lines

Sentence Length: 23 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Financial Times

News ID: 22080058

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About Financial Times

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Main Topics: MarketsFinanceInvesting

Official Website: ft.com

Update Frequency: 17 posts per day

Year Established: 1888

Headquarters: United States

News Last Updated: 12 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

Content Availability: Worldwide

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #3

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