The trust delivered $273 million in capital optimisation from Ixom and City Energy, driven by higher ebitda and business growth achieved over time. Of this, $142 million or 52% were utilised to partially fund FY2022 acquisitions while the remaining $131 million (48%) are to be paid out as special distribution.
Keppel Infrastructure Trust (KIT) (SGX:A7RU
) has announced a special distribution of 2.33 cents per unit, bringing the total 9MFY2023 distribution per unit (DPU) to 5.23 cents per unit, up 82.5% compared to 2.865 cents for the same period last year.
Supported by portfolio growth, distributable income was up 93.2% y-o-y to $266.1 million.
