KRSH will be incorporated in Switzerland as an indirect wholly-owned subsidiary of Keppel Corporation.
Keppel Infrastructure Holdings (KIH), on Nov 16, has formed a joint venture company (JVCo) with Swiss-based integrated European energy company MET Holding AG (MET Group).
KIH, through Keppel Renewables Switzerland Holding AG (KRSH), will be acquiring a 49.9% stake in the new JV, named Keppel MET Renewables Holding AG. The stake will be acquired from MET Green Assets, a wholly-owned subsidiary of MET Group.
