The acquisition is being done through a special purpose vehicle that is equally-owned by Singapore Exchange-listed Keppel Investment Trust and the UK’.
21 Dec 2023 Keppel Infrastructure Trust to acquire 45% stake in a solar portfolio from Enpal, a German renewable energy company First solar investment.
Singapore-listed Keppel Infrastructure Trust (KIT) is set to acquire a 45% stake in German greentech unicorn Enpal's solar portfolio for $119.5 million through a special purpose vehicle (SPV).