Keppel Infrastructure Trust - OCBC Investment 2024-11-18: Keeping Both Oars In The Water

• Keppel Infrastructure Trust has announced the proposed acquisition of 50% equity interest in Keppel Marina East Desalination Plant (KMEDP) for an enterprise value of ~S$323m.

Acquisition would have resulted in 0.4% accretion to FY23 DPU on a pro forma basis

• - Read this at SGinvestors.io -
• There is an existing S$315m term loan facility attached to the asset, which has commenced amortization. Upon completion, Keppel Infrastructure Trust will extend a non-interest-bearing shareholders’ loan of S$35m to the holding company.
• - Read this at SGinvestors.io -

High quality asset that generates long-term, stable cash flows and deepens KIT’s exposure to water treatment solutions in Singapore

• Read more at SGinvestors.io.

Above is an excerpt from a report by OCBC Investment Research.
Clients of OCBC Securities may be the first to access the full PDF report @ https://www.iocbc.com/.

Read also OCBC's most recent report:
2025-04-22 Keppel Infrastructure Trust - Distributable Income Boosted By One-off Divestment Gain.

Previous report by OCBC:
2025-04-01 Keppel Infrastructure Trust - Under The Sea.

Price targets by other brokers at Keppel Infra Trust Target Prices.

Listing of research reports at Keppel Infra Trust Analyst Reports.

Relevant links:
Keppel Infra Trust Share Price History,
Keppel Infra Trust Announcements,
Keppel Infra Trust Dividend Payout Dates & Corporate Actions,
Keppel Infra Trust News