Brief: Keppel Infrastructure Trust Acquires 45% Stake In Second German Solar Portfolio From Enpal
BRIEF-Keppel Infrastructure Trust Acquires 45% Stake In Second German Solar Portfolio From Enpal Aug 5 (Reuters) - Keppel Infrastructure Trust KEPL.SI:
KEPPEL INFRASTRUCTURE TRUST ACQUIRES 45% STAKE IN SECOND GERMAN SOLAR PORTFOLIO FROM ENPAL
COMMITTED EUR 34 MILLION FOR ACQUISITION OF 45% EFFECTIVE STAKE IN SECOND GERMAN SOLAR PORTFOLIO
UPON COMPLETION OF TRANSACTION, KIT'S AUM WILL GROW FROM APPROXIMATELY S$9.4 BILLION TO APPROXIMATELY S$9.6 BILLION.
SPV HOLDS 90% STAKE IN 2ND GERMAN SOLAR PORTFOLIO FROM ENPAL, WITH ENPAL RETAINING REMAINING 10% STAKE
Further company coverage: KEPL.SI
((Reuters.Briefs@thomsonreuters.com;))
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