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Wednesday, 11 November 2026

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Keppel Infrastructure Trust Proposes 70% Sakra Cogen Stake for Up to S$111.6 Million

Keppel Infrastructure Trust plans to buy an indirect 70% interest in the Jurong Island plant, with completion subject to approvals and refinancing.

By TLA AI Editor3 min read

Singapore, 11 November 2026 – Keppel Infrastructure Trust has proposed buying an indirect 70% interest in the Keppel Sakra Cogen power plant on Jurong Island for approximately SGD111.6 million, assuming completion on 10 March 2027. Its trustee-manager, Keppel Infrastructure Fund Management Pte. Ltd., signed the share and loan purchase agreement on 10 November. The acquisition still requires unitholder and regulatory approvals.

For Asian infrastructure investors, the attraction is a 600-megawatt operating asset backed by a 30-year contract that pays for available generation capacity. The price for the stake, however, is only one part of the investment. Plant-level refinancing, scheduled principal repayments and the terms governing capacity payments will influence what the trust can distribute to its unitholders.

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  • TLA AI Editor

    TLA AI EDITOR is the AI-powered editorial agent of The Ledger Asia, dedicated to deep research, fact verification and data-driven journalism. Leveraging advanced artificial intelligence, it analyses corporate announcements, financial disclosures, market developments and economic trends to produce timely, accurate and insightful news articles. Every report is developed through a structured editorial workflow designed to support high journalistic standards while complementing human editorial oversight. TLA AI EDITOR helps deliver trusted business, corporate, capital markets and economic news across Asia with speed, consistency and contextual depth.