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Li Ka-shing’s CK Infrastructure buys US$113.5 million of renewable-energy assets in second UK deal in 2 weeksCK Infrastructure Holdings (CKI), part of Hong Kong tycoon Li Ka-shing’s business empire, continues to snap up utility assets overseas by deploying its HK$13 billion (US$1.7 billion) cash hoard.CKI has bought UU Solar, which owns and operates 70 renewable power-generation assets in the United Kingdom for £90.8 million (US$113.5 million), according to a statement on Tuesday.It made the acquisition through UK Power Networks Services, a power distributor in southeastern and eastern England that is owned by CKI (40 per cent), Li’s international energy utility...
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