SG-listed Keppel Infra Trust investing $250m in Saudi’s Aramco Gas Pipelines

SG-listed Keppel Infra Trust investing $250m in Saudi’s Aramco Gas Pipelines

The Saudi Aramco logo is pictured at the company's oil facility in Saudi Arabia, REUTERS/Maxim Shemetov

Singapore-listed Keppel Infrastructure Trust (KIT) is investing $250 million in a special purpose vehicle (SPV) that will acquire a 49% stake in Aramco Gas Pipelines, an entity under the gas pipelines network of Saudi Aramco, according to an announcement.