29 Jul 2025
Keppel Infrastructure Trust Unaudited Results for the First Half ended 30 June 2025
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 first half year ended 30 June 2025.
KIT 1H2025 Distributable Income Increases 31.2%, Delivers Higher 1H 2025 DPU of 1.97 cents
Results Highlights
- KIT achieved 31.2% YoY increase in Distributable Income (DI) to $119.4 million, driven by City Energy, IXOM, new acquisitions and strategic divestment of Philippine Coastal Storage and Pipeline Corporation (Philippine Coastal)
- DPU for 1H 2025 of 1.97 cents represents 1% YoY growth over 1H 2024 DPU of 1.95 cents
- Redeployment of divestment proceeds from Philippine Coastal to fund yield-accretive acquisitions on track with proposed acquisition of Global Marine Group, one of the world’s largest independent subsea cable solutions providers
- Announced divestment of partial stake in Australian bus service business Ventura for A$130 million