Keppel Infrastructure Trust to acquire hydrogen-compatible power plant stake

Keppel Infrastructure Trust is proposing to buy a 70% stake in Keppel Sakra Cogen for up to S$111.6 million. The 600-megawatt plant on Jurong Island is Singapore’s first hydrogen-compatible combined-cycle power station and began operating in May 2026. The trust says the acquisition is expected to increase distributions per unit, with the deal to be funded through internal funds, borrowing or a combination of both.