SGX:BN4Industrials
Apollo’s US$1.5 Billion Offshore Fund Commitment Might Change The Case For Investing In Keppel (SGX:BN4)
Apollo-managed funds have previously agreed to invest US$1.50 billion into Keppel Ltd.'s Keppel Offshore Fund, which will hold and manage a portfolio of offshore energy assets.
This transaction, described as one of the first of its kind in Southeast Asia, highlights rising institutional appetite for capital solutions in offshore energy and reinforces Keppel’s role as an energy asset manager.
We’ll now examine how Apollo’s US$1.50 billion commitment to Keppel Offshore Fund could influence...