hinese investment funds are crowding into an auction for a rubbish-fuelled power plant on the banks of the River Thames that could fetch its owners over £1.5bn. A major US debt fund, advised by JP Morgan and Credit Suisse, kicked off an auction for the Cory Riverside energy-from-waste plant last month, which is understood to have caught the eye of Chinese investors eager to snap up British infrastructure. Hong Kong billionaire Li Ka-shing is expected to show strong interest. His company already holds a string of energy and water assets including Northern Power Networks and Northumbrian Water.
Telegraph 4th March 2018 read more »