It also has availability-based, fixed-fee, inflation-linked cash flow backed by sovereign and quasi-sovereign counterparties.
RHB Bank Singapore analyst Shekhar Jaiswal has initiated a “buy” call on Keppel Infrastructure Trust (KIT) with a target price of 55 cents, as he deems the trust to be a high-yield essential infrastructure play.
KIT offers diversified exposure to essential infrastructure across energy transition, environmental services, and distribution and storage, the analyst notes in his Nov 26 report.
