Keppel Infrastructure Trust declares DPU of 0.93 cent for 4Q16

SINGAPORE (Jan 23): The trustee-manager of Keppel Infrastructure Trust, which runs Singapore's town gas and natural gas utilities provider, has declared a DPU of 0.93 cent for the fourth quarter ended Dec 31. This brings total DPU to 3.72 cents for FY16.

Revenue and distributable cash flows for FY16 were $581.1 million and $149.5 million respectively. In FY15, the corresponding amounts were $427.9 million and $90.7 million respectively.

The trustee-manager says the increase were mainly due to 12 months of results from Keppel Merlimau Cogen versus six months in FY15, as its acquisition was completed on June 2015.

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