Cheung Kong Infrastructure Holdings Ltd. (1038.HK), which is part of a consortium planning to buy Electricite de France SA's (EDF.FR) U.K. electricity distribution networks, said Friday it is also studying several other projects.

Chairman Victor Li told reporters at a news conference that CKI faces no funding pressure for future acquisitions.

His comment comes after CKI and Hongkong Electric Holdings Ltd. (0006.HK) said in a joint statement Friday that they are in a consortium with the Li Ka Shing Foundation to buy EDF's U.K. electricity distribution networks for GBP5.8 billion (US$9.05 billion).

Both CKI and Hongkong Electric are controlled by tycoon Li Ka-shing.

-By Yvonne Lee, Dow Jones Newswires; 852-2802-7002; yvonne.lee@dowjones.com

 
 
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