According to Keppel's announcement, its Keppel’s DCS solution for JLD can achieve superior efficiency levels which are over 30% higher than conventional in-building systems and 18% higher than the National Environmental Agency’s Minimum Energy Efficiency Standards (MEES), as well as garner significant cost savings of up to 30% compared to conventional systems. The JLD DCS plant is estimated to be able to abate over 145,000 tonnes of carbon emissions over the 30-year operating period, compared to the industry benchmark. This is equivalent to the carbon abatement of planting 100,000 trees.
In May, Keppel announced it is transforming from a conglomerate into a global alternative real asset manager. The focus will be on an asset light model, building up AUM to $100 billion in the near term.
The Group’s structure will be simplified to form a horizontally integrated model comprising three platforms: Fund Management, Investment and Operating Platforms, all part of one integrated business focused on investing in and creating solutions for a sustainable world.
Following the announcement of energy-as-a-service in Thailand on June 14, Keppel's share price rose by 5% to $7.05 but has since retreated. Keppel ended June 20 at $6.60.
