* Scottish & Southern says made indicative bid
* CKI also made indicative bid -- source
(Adds comment on a second bidder, background)
By Peter Dinkloh and Greg Roumeliotis
LONDON/AMSTERDAM, March 16 Scottish & Southern
Energy Plc (SSE.L) said it has made an indicative offer for the
British power grids of French peer EDF (EDF.PA), as the field
of potential buyers for the three networks is narrowing down.
"We have put in an indicative bid, it's at a very early
stage of the process," Scottish & Southern's Finance Director
Gregor Alexander told Reuters on Tuesday on the sidelines of a
conference in London, declining to specify the value of the
SSE Chief Executive Ian Marchant said in November he would
be surprised if SSE did not team up with Canada's Borealis, but
that no formal partnership had been agreed then.
Hong Kong's Cheung Kong Infrastructure Holdings Ltd
(1038.HK) also made an indicative bid, i.e. an unbinding
expression of interest, for the distribution grids, a person
close to the company said.
EDF is hoping to get more than 4 billion euros ($5.5
billion) for the network to help cuts its debts. Other
potential bidders include National Grid Plc (NG.L) and a
consortium made up of Macquarie Group Ltd (MQG.AX), Canada
Pension Plan and the Abu Dhabi Investment Authority.
Steve Holliday, chief executive of National Grid, declined
to comment when approached by Reuters.
On offer are three power networks that serve 20 million
people in London, the east and southeast of England, areas that
account for 40 percent of British GDP. EDF Energy, which runs
the DNOs, made a pre-tax profit of 189 million pounds ($283.3
million) in 2008.
(Writing by Peter Dinkloh and Victoria Bryan; editing by
David Holmes and Andre Grenon)