Keppel Infrastructure

Keppel Corporation 1QFY2023 revenue up 9% y-o-y, net profit 'significantly higher' with O&M disposal gain - THE EDGE SINGAPORE

Results

Keppel Corporation 1QFY2023 revenue up 9% y-o-y, net profit 'significantly higher' with O&M disposal gain

Keppel recognised a disposal gain of $3.3 billion, received $500 million in cash and distributed $3.85 billion to shareholders.

Sustainability

EMA grants Keppel Energy conditional approval for Cambodia renewable energy import project

Singapore plans to import up to 4GW of low-carbon electricity by 2035, comprising around 30% of its electricity supply.

Sustainability

Keppel Infrastructure signs agreements to explore renewable energy opportunities in Cambodia and Laos

Shares in Keppel Corp closed five cents higher or 0.76% up at $6.65 on Oct 27.

Sustainability

Keppel Infrastructure, Air Liquide, Chevron and PetroChina form consortium to develop CCUS solutions in Singapore

Shares in Keppel closed 7 cents higher or 0.98% up at $7.24 on Sept 21.

Corporate moves

Keppel consortium to acquire 80% majority stake in 800 Super Holdings for $304 mil

KAIF and Keppel Infrastructure will hold 48% and 32% interest in 800 Super with the remaining 20% held by CEO William Lee

Sustainability

Keppel to pilot Singapore's first membrane-based nearshore floating PV system

Keppel to pilot Singapore’s first membrane-based nearshore floating PV system at Jurong Island
Keppel Seghers and NEA to jointly study feasibility of carbon capture at Singapore’s WTE plants - THE EDGE SINGAPORE

Sustainability

Keppel Seghers and NEA to jointly study feasibility of carbon capture at Singapore’s WTE plants

The feasibility study will leverage Keppel Seghers’ experience and expertise in WTE plants.

Contracts

Keppel Infrastructure and KIT sign non-binding term sheet for Keppel Marina East Desalination Plant

The enterprise value of the proposed sale and purchase is around $355 million.

Company in the news

Keppel Group signs MOUs with Sovico Group units on sustainable energy and urban solutions

Keppel Group units signed two MOUs with Sovico Group units on renewable energy and urban solutions
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