KIT, Keppel Energy nab $700m sustainability-linked loan

Uploaded By:  Janine Ballesteros Submitted By:  Janine Ballesteros Case Study:  No This will be used for its jointly owned gas-fired cogeneration plant. Keppel Infrastructure Trust (KIT) and Keppel Energy (KE) have secured a seven-year $700m sustainability-linked loan from DBS Bank and OCBC Bank through a joint venture, according to an announcement. This will be used for its jointly owned gas-fired cogeneration plant, Keppel Merlimau Cogen Plant. The loan will be used to achieve the plant’s carbon emission targets, including benchmarking and continuous improvement of the plant’s carbon emissions intensity. read more