- Keppel Infra Trust (SGX:A7RU) reported a 24.4% y-o-y increase in FY25 distributable income (DI) to S$249.5m – This was largely driven by divestment gains of S$49m from the sale of its 50% stake in Philippine Coastal and a 24.62% stake in Ventura, without which DI would have been stable.
- - Read this at SGinvestors.io -
The Energy Transition and Distribution & Storage segments posted a 27.8% and 17.3% y-o-y increase in DI to S$187.3m and S$116.4m, respectively.
- For the Energy Transition segment, underlying assets generally posted y-o-y DI growth with the exception of the Wind Farms Portfolio, which saw DI plummet 65.3% y-o-y due to lower prices and production levels at the European Onshore Wind Platform and BKR2, respectively.
- - Read this at SGinvestors.io -
The Environmental Services segment was a key detractor, with DI falling 36.7% y-o-y to S$44.3m.
- Read more at SGinvestors.io.
