The UK government has blocked a Chinese firm from accessing sensitive information about Britain’s power grid, as concerns grow about Beijing’s involvement in critical infrastructure in the West.
Redrock Investment Limited, a subsidiary of China’s state-owned State Development & Investment Corporation (SDIC), is set to obtain a 35 percent stake in Electricity North West (ENW), a British operator of the network distributing electricity to the northwest of England.
In a “final order” issued on Sept. 29, Business Secretary Jacob Rees-Mogg said the deal poses a risk to the UK’s national security.
The government order allows the acquisition to go ahead “subject to provisions designed to mitigate the risk to national security.”…