A vehicle controlled by the family of Li Ka-shing, Hong Kong’s richest man, has agreed to buy a portfolio of UK wind farms for £350mn in the latest expansion of its utility arm.
Under the agreement, a consortium led by CK Infrastructure will acquire 32 onshore wind farms from Aviva Investors.
The assets, with a nameplate capacity of 175 megawatts, include the 18MW Den Brook wind farm in Devon and the 25MW Minnygap project near Dumfries in Scotland.
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