04 Feb 2025
Keppel Infrastructure Trust’s Unaudited Results for the Second Half and Full Year ended 31 December 2024

The Directors of Keppel Infrastructure Fund Management Pte. Ltd., as Trustee-Manager of Keppel Infrastructure Trust, advise the following results of Keppel Infrastructure Trust for the second half and full year ended 31 December 2024.

KIT achieves strong FFO growth of 10.3% YoY to $282.0m, delivers FY 2024 DPU of 3.90 cents

Results Highlights

• KIT achieves strong FFO growth of 10.3% YoY to $282.0 million, driven by new acquisitions and steady portfolio performance
• DPU for FY 2024 of 3.90 cents represents 1% YoY growth over FY 2023 DPU of 3.86 cents (excluding the special distribution)
• Expansion of KIT’s portfolio across its core business segments with three acquisitions in FY 2024, growing AUM to $9.0 billion as at 31 December 2024
• Record EBITDA achieved at Ixom^[1], City Energy and Philippine Coastal, backed by the Trustee-Manager’s portfolio management capabilities to drive value creation

 

^[1] Based on Ixom’s full year financial results ended 30 September 2024, excluding one-off costs and lease adjustments.