Li Ka-shing Consortium Secures US$941M Acquisition of Phoenix Energy Gas Network
Wednesday, 24 April 2024, 13:50
Li Ka-shing's Consortium Acquires Phoenix Energy
A consortium consisting of CK Infrastructure, CK Asset Holdings, and Power Assets Holdings has agreed to purchase Phoenix Energy.
Key Details:
- The acquisition involves Northern Ireland's largest natural gas distribution network.
- Deal Value: US$941 million.
The completion of the deal is expected by the end of April, showcasing a significant investment in the energy sector.
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