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Keppel Ltd (KPELF) surpasses $100 billion FUM target ahead of schedule and delivers 25% net profit growth in core business, but overall results weighed down by legacy rig impairments and higher debt.
SINGAPORE and NEW YORK, July 27, 2026 (GLOBE NEWSWIRE) -- Apollo (NYSE: APO) today announced that Apollo-managed funds and affiliates (“Apollo Funds”) have agreed to invest $1.5 billion into Keppel Ltd.’s (SGX: BN4) Keppel Offshore Fund, LP (“the Fund”), that will hold a portfolio of offshore energy assets, managed by Keppel. Keppel is a Singapore-headquartered global asset manager and operator with strong expertise in areas of infrastructure, real estate and connectivity, overseeing S$95 billio
KBR announced it has been selected to license its PureSAF technology and deliver Front-End Engineering Design for a proposed Sustainable Aviation Fuel plant on Singapore’s Jurong Island, being developed by Keppel Ltd.’s Infrastructure Division and Aster Chemicals and Energy with planned capacity of up to 100,000 tons per year, subject to approvals. This mandate highlights KBR’s growing role in energy transition technologies and aligns the company with Singapore’s ambition to become a leading...
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