30 Jan 2023
Keppel Infrastructure Trust Unaudited Results for the Second Half and Full Year ended 31 December 2022

The Directors of Keppel Infrastructure Fund Management Pte. Ltd., as Trustee-Manager of Keppel Infrastructure Trust, advise the following results of Keppel Infrastructure Trust for the second half and full year ended 31 December 2022. 

Keppel Infrastructure Trust delivered
1% YoY growth in DPU to 3.82 cents for FY 2022

Results Highlights

• Distributable Income increased by 15.8% year-on-year (YoY) to $222.5 million in FY 2022, supported by new acquisitions, steady portfolio performance and another record year at Ixom
• Transformational growth with five acquisitions in 2022, growing total assets by 32% to $6.0 billion
  • Partake in one of world’s largest energy infrastructure deals with the investment in Aramco Gas Pipelines Company (AGPC)
  • Made headways into the renewable energy market with investments into wind assets across Europe
  • Acquired Eco Management Korea (EMK), a leading waste management platform in South Korea, drawing on proprietary expertise across the Keppel ecosystem
  • Enhanced operational continuity with the acquisition of the remaining 30% interest in the SingSpring Desalination Plant
• Conducted first annual portfolio revaluation: AUM of $7.3 billion as at 31 December 2022
• Well-positioned against inflation and higher energy prices with over 90% of KIT’s businesses and assets with cost pass through mechanism and availability-based revenue model