Keppel Infrastructure Holdings (KIH)

The placement will close on April 19.

At the same time, the group has divested 10% of its stake out of the 20% it owns in MET.

The MOU seeks to meet the growing demand for low carbon energy in India, Singapore and around the world.

The proposed acquisition is expected to be completed by 2H2022.

The consortium says it will enter into negotiations to finalise the sale and purchase agreement (SPA) following its selection.

The partnership will also provide educational and training opportunities for students in NUS.

Keppel Infrastructure, IES and Envision ink MOU to offer renewable energy solutions for Asean.

The partnership is also in line with the Keppel Group’s commitment to halve its Scope 1 and 2 carbon emissions by 2030.

All leadership changes will take effect from Feb 15, 2021.

SINGAPORE (Jan 28): Keppel Corp’s wholly-owned subsidiary, Keppel Infrastructure Holdings (KIH), is divesting its entire 49.99% stake in GE Keppel Energy Services to GE Singapore for a consideration of $24.6 million.