Keppel Infrastructure Trust unitholders back acquisition of additional 39% stake in Keppel Merlimau Cogen plant

• Keppel Infrastructure Trust unitholders backed the acquisition of an additional 39% stake in Keppel Merlimau Cogen on June 18, 2026.
• Vote passed with 730,435,265 units in favor (99.84%) versus 1,160,950 against (0.16%).
• Transaction increases exposure to a 1,300 MW combined-cycle gas turbine facility under a capacity tolling agreement running to 2040.
• Management flagged pro-forma accretion of about 8% to funds from operations, about 6% to distribution per unit if fully paid out.
• No equity or debt raising planned to fund the acquisition; maintenance capex expected to average a few million dollars per year.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Keppel Infrastructure Trust published the original content used to generate this news brief via Singapore Exchange Limited (SGX) (Ref. ID: 43Q9K9DV0WQARLH0) on July 17, 2026, and is solely responsible for the information contained therein.