CKH Holdings Seeks Bridge Loan to Compete for UK Smart Meter Assets

SighingCashier · 2026-03-13T08:15:51+00:00

Yangtze River Infrastructure is seeking bridge financing of up to £1 billion to acquire Macquarie Group's UK smart meter assets and has been in talks with multiple banks. Despite ongoing discussions, Yangtze River Construction may ultimately abandon the bid.

SighingCashier

2026-03-13 08:15:51

Abstract generation in progress

Bloomberg citing sources familiar with the matter reported that CK Infrastructure (01038) is seeking a £1 billion bridge loan to fund the acquisition of the UK smart meter assets held by Macquarie Group.

Sources said CK Infrastructure has been in talks with multiple banks regarding potential financing. They also indicated that, since CK Infrastructure may be seeking additional funds for other corporate purposes, the loan size could be larger.

Sources revealed that Macquarie Group’s Macquarie Commodities and Global Markets has invited bidders, including CK Infrastructure, to compete for its gas and electricity smart meter assets.

The sources added that discussions are still ongoing, and CK Infrastructure may also decide to withdraw from the bidding.

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