Keppel Infra to buy 20% stake in Swiss energy firm MET Group for $59m

Keppel Infra to buy 20% stake in Swiss energy firm MET Group for $59m

MET Dunai Solar Park

Keppel Infrastructure, an arm of Singapore-listed Keppel Corporation Ltd, is acquiring a 20 per cent stake in Swiss-based integrated energy company MET Group for 53.02 million euros ($59 million), marking Keppel’s foray into the European energy market.

In an announcement, Keppel Infrastructure said its wholly owned subsidiary, Keppel Energy Switzerland Holding AG, is also partnering with MET Group to jointly explore investment opportunities focusing on European energy infrastructure assets.

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