Keppel invests in German offshore wind farm

Joint investment to acquire 25% stake in Borkum Riffgrund 2, an operating 465MW German offshore wind farm / Second investment in the renewable sector, further reinforcing Keppel Infrastructure Trust’s strategy to grow its Energy Transition segment / Increases Keppel Corporation’s renewable energy portfolio to approximately 2.2GW, and triples Keppel Infrastructure Trust’s renewable energy portfolio to over 700 MW

Keppel Corporation Limited (Keppel Corporation or together with its subsidiary, the Group) and Keppel Infrastructure Fund Management Pte Ltd (KIFM), the Trustee-Manager of Keppel Infrastructure Trust (KIT), are pleased to announce that they are jointly investing €305.0 million (approximately S$445.3 million) to acquire a 50.01% stake in a special purpose vehicle... ... More: Official Press Release Keppel

Keywords:

Keppel, Germany, investment, offshore, wind farm, Trsut, energy transition, MW, Borkum Riffgrund 2