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A7RU — Keppel Infrastructure Trust News Story

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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

- 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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