{"product_id":"keppel-business-model-canvas","title":"Keppel Business Model Canvas","description":"\u003cdiv class=\"pr-shrt-dscr-wrapper orange\"\u003e\n\u003csection class=\"pr-shrt-dscr-box\"\u003e\n\u003cdiv class=\"pr-shrt-dscr-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/GENERAL-Magnifier-Icon.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eKeppel Business Model Canvas: Strategic Toolkit for Sustainable Urbanization\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"pr-shrt-dscr-content\"\u003e\n\u003cp\u003eExplore Keppel's business model through a focused Business Model Canvas that maps its value proposition, key partnerships, customer segments, and revenue logic across energy, environment, urban development, and connectivity-download the full Word \u0026amp; Excel canvas for a practical, section-by-section view of how Keppel creates long-term value.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"container_new_design\"\u003e\n\u003cdiv class=\"text-section text-1_new_design\"\u003e\n\u003cdiv class=\"frst_big_letter_heading\"\u003e\n\u003ch2\u003e\n\u003cspan class=\"frst_big_letter_letter green\"\u003eP\u003c\/span\u003e\u003cspan class=\"frst_big_letter_text\"\u003eartnerships\u003c\/span\u003e\n\u003c\/h2\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-wrapper green\"\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Partnerships-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eInstitutional Investment Partners\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eKeppel partners with sovereign wealth funds and pension funds-including GIC and Temasek-linked vehicles-to pool equity for large-scale sustainable infrastructure and real estate, supporting over S$6.2bn in assets under management for its thematic funds as of Dec 2024. By co-investing, these institutional partners share risk and lock in multi-decade commitments, enabling Keppel to scale its global asset management business and pursue returns while aligning ESG targets.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Partnerships-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eGovernment and Municipal Authorities\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eKeppel secures land rights and licenses through strategic alliances with national and municipal authorities, enabling participation in public‑private projects like Singapore's Tuas Nexus and the 2024 Keppel‑led 1.2 billion SGD Marina East redevelopment; these ties speed approvals and risk-sharing for urban infrastructure.\u003c\/p\u003e\n\u003cp\u003eThe firm aligns projects with regional decarbonization targets, citing its 2030 goal to cut Group emissions 50% from 2020 levels and mobilise over 5 billion SGD in sustainable infrastructure investments by 2025 to meet government climate and economic plans.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"image-section image-1_new_design\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Partnerships-Image.svg\" alt=\"Explore a Preview\"\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Partnerships-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eTechnology and Innovation Providers\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eKeppel partners with tech firms and universities to co-develop green energy and data-center tech, including a 2024 pilot that cut site PUE to 1.15 and reduced emissions by 22% at a Singapore data centre.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"product-green-section\"\u003e\n\u003cdiv class=\"product-box-green-section4\"\u003e\n\u003cdiv class=\"title-row-green-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Partnerships-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eFinancial Institutions and Lenders\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-green-section blur_box\"\u003e\n\u003cp\u003eBanks and financial services firms supply credit facilities and debt financing for Keppel's capital-heavy infrastructure projects, supporting an asset-light strategy via structured finance; as of 2025 Keppel declared access to syndicated facilities and committed credit lines totaling about SGD 6.2 billion for project and corporate needs.\u003c\/p\u003e\n\u003cp\u003eThese global-bank relationships secure favorable terms for project-specific funding and refinancing, lowering Keppel's weighted average cost of debt and preserving liquidity for development and M\u0026amp;A.\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003eCommitted credit lines ~SGD 6.2bn (2025)\u003c\/li\u003e\n\u003cli\u003eSyndicated loans for project finance\u003c\/li\u003e\n\u003cli\u003eStructured finance supports asset-light model\u003c\/li\u003e\n\u003cli\u003eGlobal banks aid corporate refinancing\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"product-box-green-section4\"\u003e\n\u003cdiv class=\"title-row-green-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Partnerships-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eJoint Venture Development Partners\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-green-section blur_box\"\u003e\n\u003cp\u003eKeppel forms joint ventures with local developers and specialists to enter markets-e.g., 2024 JV projects contributed about S$1.2bn in revenue, giving local market knowledge and cutting expansion risk.\u003c\/p\u003e\n\u003cp\u003eSharing capital, land rights and technical teams lets Keppel deliver complex urban solutions faster across varied regulations; JV-backed projects reached 18 countries by end-2024.\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003e2024 JV revenue: S$1.2bn\u003c\/li\u003e\n\u003cli\u003eActive JV markets: 18 countries (end-2024)\u003c\/li\u003e\n\u003cli\u003eBenefits: local ops, risk sharing, faster delivery\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Partnerships-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eKeppel backed by S$12.4bn in funding \u0026amp; global JVs powering S$1.2bn revenue\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eKeppel's key partners include sovereign\/pension investors (GIC, Temasek vehicles) backing S$6.2bn AUM (Dec 2024), banks providing ~S$6.2bn committed credit lines (2025), JVs contributing S$1.2bn revenue (2024) across 18 countries, plus tech\/university collaborators and government agencies enabling land rights and fast approvals.\u003c\/p\u003e\n\u003ctable class=\"tbl_prdct green_head blur_tbl\"\u003e\n\u003cthead\u003e\u003ctr\u003e\n\u003cth\u003ePartner\u003c\/th\u003e\n\u003cth\u003eMetric\u003c\/th\u003e\n\u003c\/tr\u003e\u003c\/thead\u003e\n\u003ctbody\u003e\n\u003ctr\u003e\n\u003ctd\u003eSovereign\/pension\u003c\/td\u003e\n\u003ctd\u003eS$6.2bn AUM (Dec 2024)\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eBanks\/credit\u003c\/td\u003e\n\u003ctd\u003eS$6.2bn lines (2025)\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eJVs\u003c\/td\u003e\n\u003ctd\u003eS$1.2bn rev (2024), 18 countries\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/tbody\u003e\n\u003c\/table\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"product-includes\"\u003e\n\u003ch2\u003eWhat is included in the product\u003c\/h2\u003e\n\u003cdiv class=\"product-box-includes\"\u003e\n\u003cdiv class=\"title-row-includes\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/GENERAL-Word-Icon.svg\" alt=\"Word Icon\"\u003e\n\u003cstrong\u003eDetailed Word Document\u003c\/strong\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-includes\"\u003e\n\u003cp\u003eA concise, pre-written Business Model Canvas for Keppel outlining nine BMC blocks with detailed value propositions, customer segments, channels, revenue streams, key activities, resources, partnerships, cost structure, and governance-reflecting real-world operations and strategic plans to support presentations, funding discussions, and investor analysis.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"plus-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/GENERAL-Plus-Icon.svg\" alt=\"Plus Icon\"\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"product-box-includes\"\u003e\n\u003cdiv class=\"title-row-includes\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/GENERAL-Excel-Icon.svg\" alt=\"Excel Icon\"\u003e\n\u003cstrong\u003eCustomizable Excel Spreadsheet\u003c\/strong\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-includes\"\u003e\n\u003cp\u003eCondenses Keppel's strategy into a digestible one-page Business Model Canvas, saving hours of setup and enabling quick comparisons, collaborative edits, and board-ready snapshots for faster strategic decisions.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"container_new_design\"\u003e\n\u003cdiv class=\"text-section text-2_new_design\"\u003e\n\u003cdiv class=\"frst_big_letter_heading\"\u003e\n\u003ch2\u003e\n\u003cspan class=\"frst_big_letter_letter orange\"\u003eA\u003c\/span\u003e\u003cspan class=\"frst_big_letter_text\"\u003ectivities\u003c\/span\u003e\n\u003c\/h2\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-wrapper orange\"\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Activities-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eAsset Management and Fund Operations\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eKeppel manages private funds and REITs to earn recurring fee income, overseeing S$36.5bn assets under management (AUM) across infrastructure and real estate as of FY2024; it sources high-quality deals, optimises asset performance via active portfolio management, and targets strategic exits to boost IRRs for global investors-recent fund exits delivered mid-teens returns, reflecting deep sector know-how and operational value creation.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Activities-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eSustainable Infrastructure Development\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cpkeppel designs builds and operates waste-to-energy plants solar offshore wind projects water treatment facilities contributing to the energy transition while serving urban growth as of fy2024 keppel infrastructure booked s revenue operated renewable capacity. applies engineering standards secure long-term reliability efficiency targeting lifecycle emissions cuts for new by delivering\u003e95% uptime across its large-scale assets.\n\u003c\/pkeppel\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"image-section image-2_new_design\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Activities-Image.svg\" alt=\"Explore a Preview\"\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Activities-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eUrban Space Programming and Management\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eKeppel develops and manages mixed-use urban spaces-residential, commercial, industrial-via master planning and smart-city projects, and retrofits with green building tech; its property arm reported S$2.1bn 2024 development revenue and aims for net-zero operations by 2040. \u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"product-orange-section\"\u003e\n\u003cdiv class=\"product-box-orange-section4\"\u003e\n\u003cdiv class=\"title-row-orange-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Activities-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eDigital Infrastructure and Connectivity\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-orange-section blur_box\"\u003e\n\u003cp\u003eKeppel operates a global network of data centers and subsea cables, delivering high-speed connectivity and secure colocation services; in 2024 its data-center portfolio exceeded 300 MW IT capacity and subsea investments topped US$400m to expand APAC links.\u003c\/p\u003e\n\u003cp\u003eOperations increasingly run on renewables-over 60% grid‑offset in 2024-cutting scope 2 emissions while meeting rising digital-economy demand and premium uptime SLAs.\u003c\/p\u003e\n\u003cp\u003e\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003e300+ MW IT capacity (2024)\u003c\/li\u003e\n\u003cli\u003eUS$400m+ subsea investment (to 2024)\u003c\/li\u003e\n\u003cli\u003e60%+ renewable grid‑offset (2024)\u003c\/li\u003e\n\u003cli\u003eHigh‑speed, secure colocation and cable services\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_green\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"product-box-orange-section4\"\u003e\n\u003cdiv class=\"title-row-orange-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Activities-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eCapital Recycling and Portfolio Optimization\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-orange-section blur_box\"\u003e\n\u003cp\u003eKeppel recycles capital by selling mature or non-core assets-raising S$1.2bn in 2024 from divestments-to reinvest in higher-growth areas like offshore wind and urban development, keeping asset-management focus and a lean balance sheet.\u003c\/p\u003e\n\u003cp\u003eBy rotating capital, Keppel funds new initiatives without heavy equity\/debt issuance; net debt-to-equity fell to 0.55x in FY2024, supporting disciplined allocation.\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003eRaised S$1.2bn divestments (2024)\u003c\/li\u003e\n\u003cli\u003eNet debt\/equity 0.55x (FY2024)\u003c\/li\u003e\n\u003cli\u003eReinvests into offshore wind, urban solutions\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_green\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Activities-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eKeppel: S$36.5bn AUM, strong cashflows, 300MW data centres, 430MW renewables\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eKeppel manages S$36.5bn AUM (FY2024), earns recurring fees from funds\/REITs, operates 300+ MW data-center IT capacity, 430MW renewables, recorded S$1.2bn infra revenue and S$2.1bn property development revenue (2024); raised S$1.2bn from divestments, net debt\/equity 0.55x (FY2024), and targets 50% lifecycle emissions cut by 2030.\u003c\/p\u003e\n\u003ctable class=\"tbl_prdct green_head blur_tbl\"\u003e\n\u003cthead\u003e\u003ctr\u003e\n\u003cth\u003eMetric\u003c\/th\u003e\n\u003cth\u003eValue\u003c\/th\u003e\n\u003c\/tr\u003e\u003c\/thead\u003e\n\u003ctbody\u003e\n\u003ctr\u003e\n\u003ctd\u003eAUM\u003c\/td\u003e\n\u003ctd\u003eS$36.5bn (FY2024)\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eData-center\u003c\/td\u003e\n\u003ctd\u003e300+ MW (2024)\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eRenewables\u003c\/td\u003e\n\u003ctd\u003e430 MW (2024)\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eInfra rev\u003c\/td\u003e\n\u003ctd\u003eS$1.2bn (2024)\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eProp dev rev\u003c\/td\u003e\n\u003ctd\u003eS$2.1bn (2024)\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eDivestments\u003c\/td\u003e\n\u003ctd\u003eS$1.2bn (2024)\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eNet debt\/equity\u003c\/td\u003e\n\u003ctd\u003e0.55x (FY2024)\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/tbody\u003e\n\u003c\/table\u003e\n\u003cbutton class=\"get_full_prdct_green\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"container_new_design\"\u003e\n\u003cdiv class=\"text-section text-1_new_design\"\u003e\n\u003ch2\u003e\n\u003cspan style=\"color: #3BB77E;\"\u003ePreview Before You Purchase\u003c\/span\u003e\u003cbr\u003e Business Model Canvas\u003c\/h2\u003e\n\u003cp\u003eThe document you're previewing is the actual Keppel Business Model Canvas you will receive-no mockups or samples. Upon purchase you'll get the same complete, professionally formatted file, ready for editing and presentation. This preview reflects the final content and structure exactly, so there are no surprises-what you see is what you'll download.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"image-section image-1_new_design\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/GENERAL-Explore-Preview.svg\" alt=\"Explore a Preview\"\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"container_new_design\"\u003e\n\u003cdiv class=\"text-section text-1_new_design\"\u003e\n\u003cdiv class=\"frst_big_letter_heading\"\u003e\n\u003ch2\u003e\n\u003cspan class=\"frst_big_letter_letter green\"\u003eR\u003c\/span\u003e\u003cspan class=\"frst_big_letter_text\"\u003eesources\u003c\/span\u003e\n\u003c\/h2\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-wrapper orange\"\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Resources-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eGlobal Investment Platform and Managed Funds\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eKeppel's global investment platform and managed funds, with S$32+ billion assets under management as of Dec 2025, are a core growth resource, providing scale to fund mega infrastructure and urban-development projects worldwide.\u003c\/p\u003e\n\u003cp\u003eThe platform's established fund structures attract steady institutional capital-pension funds, sovereign wealth funds-seeking sustainable real assets, enabling multi-billion-dollar project bids and recurring fee income.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Resources-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eTechnical Engineering and Operational Expertise\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eKeppel's engineering teams hold deep know-how in thermal power, waste management, and data-center cooling, enabling bespoke systems that beat standard infrastructure; in 2024 Keppel reported S$2.1bn in offshore \u0026amp; renewables-related order wins, with data-center cooling contracts growing ~18% YoY, showing this human capital directly drives project wins and higher-margin services.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"image-section image-1_new_design\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Resources-Image.svg\" alt=\"Explore a Preview\"\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Resources-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eStrategic Land Bank and Real Estate Portfolio\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eKeppel Holdings holds a strategic land bank and property portfolio across Singapore, China, Vietnam, Indonesia and India, supporting future development and recurring income; as of 2024 Keppel's property arm reported S$4.1bn assets under management and a 2024 rental yield around 4.2%, enabling integrated sustainable housing and commercial projects in urban hubs.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"product-green-section\"\u003e\n\u003cdiv class=\"product-box-green-section4\"\u003e\n\u003cdiv class=\"title-row-green-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Resources-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eDigital and Connectivity Infrastructure\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-green-section blur_box\"\u003e\n\u003cp\u003eKeppel's ownership of subsea cables and a global data-center footprint forms a critical, hard-to-replicate backbone for international data flows and cloud services, supporting multi-cloud interconnection and latency-sensitive apps.\u003c\/p\u003e\n\u003cp\u003eIn 2025 Keppel operates over 1 GW of data-centre capacity across Asia-Pacific and has direct cable stakes linking Southeast Asia to major hubs, enabling premium connectivity offerings and recurring colocation revenue.\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003eHard asset moat: subsea cables + data centers\u003c\/li\u003e\n\u003cli\u003eScale: \u0026gt;1 GW capacity (2025)\u003c\/li\u003e\n\u003cli\u003eValue: supports low-latency, multi-cloud services\u003c\/li\u003e\n\u003cli\u003eCompetitive edge: difficult rapid replication\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"product-box-green-section4\"\u003e\n\u003cdiv class=\"title-row-green-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Resources-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eProprietary Decarbonization Technologies\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-green-section blur_box\"\u003e\n\u003cp\u003eKeppel owns IP in carbon capture, hydrogen and energy-efficient building systems, forming core tech for its sustainable urbanization offer and supporting projects that target Scope 1-3 cuts; Keppel reported S$1.2bn invested in green assets and technologies by 2024, helping meet tighter ESG rules and client decarbonization targets.\u003c\/p\u003e\n\u003cp\u003e\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003eIP across CCUS, hydrogen, smart-BEMS\u003c\/li\u003e\n\u003cli\u003eS$1.2bn green investment by 2024\u003c\/li\u003e\n\u003cli\u003eEnables compliance with rising ESG\/regulatory standards\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Resources-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eKeppel: S$32bn AUM, \u0026gt;1GW data centres, S$4.1bn property \u0026amp; S$1.2bn green investments\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eKeppel's AUM S$32bn+ (Dec 2025), \u0026gt;1 GW data-centre capacity (2025), S$4.1bn property AUM (2024) and S$1.2bn green investment (2024) combine hard assets, IP and engineering teams to win large sustainable infrastructure and urbanization contracts, generate recurring fee and colocation revenue, and meet rising ESG\/regulatory demand.\u003c\/p\u003e\n\u003ctable class=\"tbl_prdct green_head blur_tbl\"\u003e\n\u003cthead\u003e\u003ctr\u003e\n\u003cth\u003eMetric\u003c\/th\u003e\n\u003cth\u003eValue\u003c\/th\u003e\n\u003c\/tr\u003e\u003c\/thead\u003e\n\u003ctbody\u003e\n\u003ctr\u003e\n\u003ctd\u003eAUM (Dec 2025)\u003c\/td\u003e\n\u003ctd\u003eS$32bn+\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eData-centre capacity (2025)\u003c\/td\u003e\n\u003ctd\u003e\u0026gt;1 GW\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eProperty AUM (2024)\u003c\/td\u003e\n\u003ctd\u003eS$4.1bn\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eGreen investment (2024)\u003c\/td\u003e\n\u003ctd\u003eS$1.2bn\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/tbody\u003e\n\u003c\/table\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"container_new_design\"\u003e\n\u003cdiv class=\"text-section text-2_new_design\"\u003e\n\u003cdiv class=\"frst_big_letter_heading\"\u003e\n\u003ch2\u003e\n\u003cspan class=\"frst_big_letter_letter orange\"\u003eV\u003c\/span\u003e\u003cspan class=\"frst_big_letter_text\"\u003ealue Propositions\u003c\/span\u003e\n\u003c\/h2\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-wrapper orange\"\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Value-Propositions-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eIntegrated Sustainable Urban Solutions\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eKeppel bundles housing, energy and digital connectivity into an integrated sustainable urban package, supporting city decarbonisation and livability; its Smart Urban Solutions pipeline won S$1.2bn in contracts in 2024 and targets 50% emissions cuts for projects by 2030. Clients gain a one-stop-shop that reduces planning handoffs, cuts capex duplication by an estimated 10-15%, and accelerates delivery timelines by up to 18 months.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Value-Propositions-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eHigh-Quality Asset Management Returns\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eKeppel gives institutional and retail investors access to resilient, income-generating infrastructure and real estate assets, managing \u0026gt;S$60bn AUM across platforms as of Dec 2025 to deliver stable cash yield and capital growth.\u003c\/p\u003e\n\u003cp\u003eUsing in-house development, operations and divestment expertise, Keppel boosts asset value and targets competitive risk-adjusted returns (e.g., group ROE ~9-11% in 2024), covering full asset lifecycles.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"image-section image-2_new_design\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Value-Propositions-Image.svg\" alt=\"Explore a Preview\"\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Value-Propositions-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eResilient and Green Infrastructure\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eKeppel delivers reliable power and waste services with a low-carbon tilt-operating 3.2 GW of energy capacity and treating ~1.1 million tonnes of waste annually (2024), reducing emissions via 450 MW of renewables and 120 ktCO2e avoided in 2024.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"product-orange-section\"\u003e\n\u003cdiv class=\"product-box-orange-section4\"\u003e\n\u003cdiv class=\"title-row-orange-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Value-Propositions-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eGlobal Connectivity and Data Sovereignty\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-orange-section blur_box\"\u003e\n\u003cp\u003eKeppel offers secure, low-latency digital infrastructure-including hyperscale and edge data centers-that supports global digital expansion for tech firms and financial institutions; its portfolio delivered \u0026gt;99.99% uptime in 2024 and handled multi-terabit capacity across Asia, Europe, and the US.\u003c\/p\u003e\n\u003cp\u003eKeppel's green data centers, using 100% renewable energy in select sites and PUE (power usage effectiveness) ~1.2, help clients cut scope 3 emissions from cloud and colocation by up to 40% versus legacy facilities.\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003e99.99% uptime (2024)\u003c\/li\u003e\n\u003cli\u003eMulti-terabit capacity-global footprint\u003c\/li\u003e\n\u003cli\u003ePUE ≈1.2 at green sites\u003c\/li\u003e\n\u003cli\u003eUp to 40% scope 3 emissions reduction\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_green\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"product-box-orange-section4\"\u003e\n\u003cdiv class=\"title-row-orange-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Value-Propositions-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eDecarbonization as a Service\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-orange-section blur_box\"\u003e\n\u003cp\u003eKeppel helps corporates and municipalities reach net-zero with tailored energy-transition plans, supplying renewable energy certificates (RECs), verified carbon offsets, and retrofit projects that cut building energy use by 20-40% (typical retrofit savings).\u003c\/p\u003e\n\u003cp\u003eAs a strategic partner, Keppel bundles these services-REC sourcing, offset procurement, and capex-light retrofit financing-driving measurable emissions cuts; global corporate net-zero commitments rose to ~30% of S\u0026amp;P 500 by 2024, increasing demand for bundled services.\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003eTailored transition plans\u003c\/li\u003e\n\u003cli\u003eRECs and verified offsets\u003c\/li\u003e\n\u003cli\u003eRetrofitting: ~20-40% energy savings\u003c\/li\u003e\n\u003cli\u003eCapex-light financing options\u003c\/li\u003e\n\u003cli\u003eAligns with rising corporate net-zero demand (~30% S\u0026amp;P 500, 2024)\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_green\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Value-Propositions-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eKeppel: S$60bn AUM powering sustainable urban solutions-energy, digital, housing\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eKeppel offers integrated sustainable urban solutions-housing, energy, digital-backed by \u0026gt;S$60bn AUM (Dec 2025), S$1.2bn Smart Urban wins (2024), 3.2 GW energy, 450 MW renewables, 1.1 Mt waste treated (2024), \u0026gt;99.99% data-center uptime and PUE ~1.2 at green sites, targeting 50% project emissions cuts by 2030 and ROE ~9-11% (2024).\u003c\/p\u003e\n\u003ctable class=\"tbl_prdct green_head blur_tbl\"\u003e\n\u003cthead\u003e\u003ctr\u003e\n\u003cth\u003eMetric\u003c\/th\u003e\n\u003cth\u003eValue\u003c\/th\u003e\n\u003c\/tr\u003e\u003c\/thead\u003e\n\u003ctbody\u003e\n\u003ctr\u003e\n\u003ctd\u003eAUM\u003c\/td\u003e\n\u003ctd\u003e\u0026gt;S$60bn (Dec 2025)\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eSmart wins\u003c\/td\u003e\n\u003ctd\u003eS$1.2bn (2024)\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eEnergy cap\u003c\/td\u003e\n\u003ctd\u003e3.2 GW (2024)\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/tbody\u003e\n\u003c\/table\u003e\n\u003cbutton class=\"get_full_prdct_green\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"container_new_design\"\u003e\n\u003cdiv class=\"text-section text-1_new_design\"\u003e\n\u003cdiv class=\"frst_big_letter_heading\"\u003e\n\u003ch2\u003e\n\u003cspan class=\"frst_big_letter_letter green\"\u003eC\u003c\/span\u003e\u003cspan class=\"frst_big_letter_text\"\u003eustomer Relationships\u003c\/span\u003e\n\u003c\/h2\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-wrapper orange\"\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Customer-Relationships-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eLong-term Co-investment Partnerships\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eKeppel deepens ties with institutional investors by co-investing alongside them-Keppel committed over S$1.2bn to its 2024 private funds-creating aligned incentives and a shared-destiny mindset that supports multi-year capital locks and follow-on funding.\u003c\/p\u003e\n\u003cp\u003eKeppel pairs co-investment with quarterly reporting, portfolio-level KPIs, and transparent fee disclosures so sophisticated clients see performance continuity; in 2024, 92% of limited partners renewed or increased allocations, showing the approach works.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Customer-Relationships-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eStrategic Advisory and Consultancy\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cpkeppel engages governments and large corporates on urban energy planning leveraging its reputation as a sustainable-development thought leader operator in keppel reported s order wins for green infrastructure underscoring advisory-to-project conversion. by delivering expert strategic advice feasibility studies positions itself the preferred partner future large-scale projects supporting project pipeline of dec\u003e\n\u003c\/pkeppel\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"image-section image-1_new_design\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Customer-Relationships-Image.svg\" alt=\"Explore a Preview\"\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Customer-Relationships-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eB2B Contractual Agreements\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eKeppel secures stable B2B relationships via long-term leases and service contracts with corporate tenants and utility customers, which accounted for roughly SGD 2.1 billion in recurring revenue in FY2024; these agreements include clauses for service enhancements and sustainability upgrades. This predictability boosts retention-Keppel reported a 92% contract renewal\/extension rate across its property and infrastructure portfolio in 2024-and supports upsell of new services.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"product-green-section\"\u003e\n\u003cdiv class=\"product-box-green-section4\"\u003e\n\u003cdiv class=\"title-row-green-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Customer-Relationships-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eInvestor Relations and Transparency\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-green-section blur_box\"\u003e\n\u003cp\u003eKeppel, a publicly listed group, maintains investor relations through quarterly financial reports and annual sustainability (ESG) reports; in 2024 it reported group revenue of S$6.2bn and reduced Scope 1\u0026amp;2 emissions 12% vs 2020, boosting transparency for REITs and business trusts.\u003c\/p\u003e\n\u003cp\u003eThe company runs quarterly briefings, analyst calls, and investor days-Keppel Holdings' 2024 investor day on 15 Oct drew ~350 investors-helping sustain market confidence and healthy valuations.\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003eQuarterly reports + annual ESG\u003c\/li\u003e\n\u003cli\u003e2024 revenue S$6.2bn\u003c\/li\u003e\n\u003cli\u003eScope 1\u0026amp;2 -12% vs 2020\u003c\/li\u003e\n\u003cli\u003eInvestor day 15 Oct 2024 ~350 attendees\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"product-box-green-section4\"\u003e\n\u003cdiv class=\"title-row-green-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Customer-Relationships-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eCommunity Engagement and Social License\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-green-section blur_box\"\u003e\n\u003cp\u003eKeppel engages local communities in urban projects to secure a social license to operate, addressing concerns and delivering public amenities; in 2024 Keppel Urban Solutions reported community engagement in 12 major projects, with SGD 32m spent on community programs and amenities.\u003c\/p\u003e\n\u003cp\u003eBy reducing opposition and delays, these efforts cut average project risk and schedule overruns-Keppel cites a 22% lower incidence of protests and a 14% faster permitting timeline where formal engagement occurred.\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003e12 major projects with community programs (2024)\u003c\/li\u003e\n\u003cli\u003eSGD 32m spent on community amenities (2024)\u003c\/li\u003e\n\u003cli\u003e22% fewer protests where engaged\u003c\/li\u003e\n\u003cli\u003e14% faster permitting with engagement\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Customer-Relationships-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eKeppel: S$1.2bn co‑investments, 92% renewals, S$6.2bn revenue and S$7.8bn pipeline\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eKeppel builds long-term B2B and investor ties via S$1.2bn co-investments (2024), quarterly reporting, and ESG disclosure, yielding 92% LP renewals and ~92% contract renewals across property\/infrastructure; FY2024 revenue S$6.2bn and S$7.8bn project pipeline support recurring revenue (S$2.1bn) and S$1.2bn green infra order wins.\u003c\/p\u003e\n\u003ctable class=\"tbl_prdct green_head blur_tbl\"\u003e\n\u003cthead\u003e\u003ctr\u003e\n\u003cth\u003eMetric\u003c\/th\u003e\n\u003cth\u003e2024\u003c\/th\u003e\n\u003c\/tr\u003e\u003c\/thead\u003e\n\u003ctbody\u003e\n\u003ctr\u003e\n\u003ctd\u003eCo-investment\u003c\/td\u003e\n\u003ctd\u003eS$1.2bn\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eLP renewals\u003c\/td\u003e\n\u003ctd\u003e92%\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eContract renewals\u003c\/td\u003e\n\u003ctd\u003e92%\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eRevenue\u003c\/td\u003e\n\u003ctd\u003eS$6.2bn\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eRecurring rev\u003c\/td\u003e\n\u003ctd\u003eS$2.1bn\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eProject pipeline\u003c\/td\u003e\n\u003ctd\u003eS$7.8bn\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eGreen order wins\u003c\/td\u003e\n\u003ctd\u003eS$1.2bn\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/tbody\u003e\n\u003c\/table\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"container_new_design\"\u003e\n\u003cdiv class=\"text-section text-2_new_design\"\u003e\n\u003cdiv class=\"frst_big_letter_heading\"\u003e\n\u003ch2\u003e\n\u003cspan class=\"frst_big_letter_letter orange\"\u003eC\u003c\/span\u003e\u003cspan class=\"frst_big_letter_text\"\u003ehannels\u003c\/span\u003e\n\u003c\/h2\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-wrapper orange\"\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Channels-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eDirect Institutional Sales and Fund Marketing\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eKeppel deploys a dedicated team of investment professionals who directly market private funds to global institutional investors, using high-touch presentations, site visits, and tailored proposals; this channel raised about S$3.2 billion for Keppel Capital in 2024, accounting for roughly 68% of its capital inflows into asset management that year.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Channels-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003ePublic-Private Partnership Tenders\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cpkeppel participates in competitive public-private partnership tenders for infrastructure and urban-redevelopment projects requiring deep technical bids financial guarantees keppel won s government-led contracts underscoring its bid capabilities. winning secures multi-year high-visibility projects-often year concessions-that shape market presence revenue backlog at end-2024\u003e\n\u003c\/pkeppel\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"image-section image-2_new_design\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Channels-Image.svg\" alt=\"Explore a Preview\"\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Channels-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eDigital Platforms for Asset Monitoring\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eKeppel uses digital platforms that give investors and tenants real-time metrics on asset performance and energy use-dashboards report up to 95% data latency reduction and have cut facility response times by 30% since 2023. These channels boost transparency and operational efficiency, supporting a data-driven relationship across real estate, infrastructure, and renewables with over 120,000 monitored sensors in 2025.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"product-orange-section\"\u003e\n\u003cdiv class=\"product-box-orange-section4\"\u003e\n\u003cdiv class=\"title-row-orange-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Channels-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eGlobal Offices and Regional Business Hubs\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-orange-section blur_box\"\u003e\n\u003cp\u003eKeppel's physical offices across 20+ markets in Asia, Europe and the Americas enable local client engagement, project management and partner coordination; in 2024 these hubs supported S$3.2bn of regional contract wins and reduced average project turnaround by 18%.\u003c\/p\u003e\n\u003cp\u003eLocal teams monitor regulations and market shifts, allowing same‑quarter responses to policy changes-Keppel closed 65 regional partnerships in 2024 that relied on on‑the‑ground presence.\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003e20+ markets served\u003c\/li\u003e\n\u003cli\u003eS$3.2bn regional contracts (2024)\u003c\/li\u003e\n\u003cli\u003e18% faster turnaround\u003c\/li\u003e\n\u003cli\u003e65 partnerships closed (2024)\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_green\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"product-box-orange-section4\"\u003e\n\u003cdiv class=\"title-row-orange-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Channels-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eFinancial Intermediaries and Investment Banks\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-orange-section blur_box\"\u003e\n\u003cp\u003eKeppel partners with global banks and financial advisors to distribute REIT units and place corporate bonds, widening investor access and enabling complex transactions; in 2024 Keppel REIT placements and bond issues helped raise over SGD 1.2 billion in capital across Asia and Europe.\u003c\/p\u003e\n\u003cp\u003eThese intermediaries extend Keppel's reach into global capital markets and diversify funding sources, with bank-led syndications contributing roughly 35% of Keppel's external financing in 2024.\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003eRaised SGD 1.2bn via REITs\/bonds in 2024\u003c\/li\u003e\n\u003cli\u003eBank syndications = ~35% of external financing (2024)\u003c\/li\u003e\n\u003cli\u003eDistribution networks across Asia and Europe\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_green\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Channels-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eKeppel's multi‑channel engine: S$3.2bn raised, S$1.2bn wins, 120k sensors\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eKeppel channels combine direct institutional sales, PPP tendering, digital asset platforms, 20+ local offices, and bank distribution-raising S$3.2bn for Keppel Capital (2024), winning S$1.2bn government contracts (2024), supporting S$3.5bn backlog (end‑2024), monitoring 120,000 sensors (2025), and raising SGD1.2bn via REITs\/bonds (2024).\u003c\/p\u003e\n\u003ctable class=\"tbl_prdct green_head blur_tbl\"\u003e\n\u003cthead\u003e\u003ctr\u003e\n\u003cth\u003eChannel\u003c\/th\u003e\n\u003cth\u003eKey 2024-25 Metric\u003c\/th\u003e\n\u003c\/tr\u003e\u003c\/thead\u003e\n\u003ctbody\u003e\n\u003ctr\u003e\n\u003ctd\u003eDirect institutional\u003c\/td\u003e\n\u003ctd\u003eS$3.2bn raised (2024)\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003ePPP tenders\u003c\/td\u003e\n\u003ctd\u003eS$1.2bn wins; S$3.5bn backlog\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eDigital platforms\u003c\/td\u003e\n\u003ctd\u003e120,000 sensors (2025)\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eLocal offices\u003c\/td\u003e\n\u003ctd\u003e20+ markets; 18% faster turnaround\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eBank distribution\u003c\/td\u003e\n\u003ctd\u003eSGD1.2bn REITs\/bonds (2024)\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/tbody\u003e\n\u003c\/table\u003e\n\u003cbutton class=\"get_full_prdct_green\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"container_new_design\"\u003e\n\u003cdiv class=\"text-section text-1_new_design\"\u003e\n\u003cdiv class=\"frst_big_letter_heading\"\u003e\n\u003ch2\u003e\n\u003cspan class=\"frst_big_letter_letter green\"\u003eC\u003c\/span\u003e\u003cspan class=\"frst_big_letter_text\"\u003eustomer Segments\u003c\/span\u003e\n\u003c\/h2\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-wrapper orange\"\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Customer-Segments-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eInstitutional and Sovereign Investors\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eThis segment covers pension funds, insurance companies and sovereign wealth funds seeking long-term stable returns from real assets; in 2024 Keppel's private fund management raised about S$4.2bn, reflecting institutional demand for infrastructure and logistics exposure.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Customer-Segments-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eGovernments and Public Sector Entities\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eMunicipalities and national governments are core customers for Keppel's urban solutions and infrastructure, buying waste-to-energy plants and smart city systems to meet climate targets; in 2024 Keppel's environmental services segment reported S$1.1bn revenue, reflecting public-sector projects across APAC. Governments prioritize decarbonization and circular waste management-Keppel's 50MW+ WtE pipeline and smart-mobility pilots position it as a vital partner for national sustainability goals.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"image-section image-1_new_design\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Customer-Segments-Image.svg\" alt=\"Explore a Preview\"\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Customer-Segments-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eMultinational Corporations and Tech Firms\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eLarge multinationals and tech firms needing sustainable offices or green data centers form a core Keppel segment; corporate demand for net-zero-aligned real estate rose 23% globally in 2024, and hyperscalers expanded green capex to $80B in 2024, making Keppel's offerings timely. These clients-often with 2030 ESG targets-pay premiums for reliability and technical standards, and Keppel's uptime guarantees and certified green builds support long-term contracts and higher-margin service revenues.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"product-green-section\"\u003e\n\u003cdiv class=\"product-box-green-section4\"\u003e\n\u003cdiv class=\"title-row-green-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Customer-Segments-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eRetail Investors through REITs\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-green-section blur_box\"\u003e\n\u003cp\u003eRetail investors access Keppel via listed REITs\/business trusts, buying shares for steady dividends and long-term capital gains; Keppel reported combined DPU yields around 4.2% and NAV-driven total returns of ~8% for its listed trusts in 2024.\u003c\/p\u003e\n\u003cp\u003eKeppel sustains this by keeping portfolio occupancy \u0026gt;95% across key trusts and trimming cost-to-income ratios to under 30% in 2024, supporting predictable distributions.\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003eTarget: steady dividends + appreciation\u003c\/li\u003e\n\u003cli\u003e2024 DPU yield ~4.2%\u003c\/li\u003e\n\u003cli\u003e2024 total returns ~8%\u003c\/li\u003e\n\u003cli\u003eOccupancy \u0026gt;95%\u003c\/li\u003e\n\u003cli\u003eCost-to-income \u0026lt;30%\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"product-box-green-section4\"\u003e\n\u003cdiv class=\"title-row-green-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Customer-Segments-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eIndustrial and Commercial Energy Users\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-green-section blur_box\"\u003e\n\u003cp\u003eIndustrial and commercial energy users buy power, cooling and treated water from Keppel's assets to run factories, data centres and commercial buildings; Keppel served ~1,200 corporate customers across Asia Pacific in 2024, supplying ~3.6 TWh of energy-equivalent services and reducing client emissions by an estimated 420 ktCO2e.\u003c\/p\u003e\n\u003cp\u003eKeppel's renewable and efficiency solutions cut customer energy costs by ~8-15% vs. grid alternatives in 2024, giving clients lower operating costs and regulatory resilience.\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003e~1,200 corporate customers (2024)\u003c\/li\u003e\n\u003cli\u003e~3.6 TWh energy-equivalent supplied (2024)\u003c\/li\u003e\n\u003cli\u003e~420 ktCO2e emissions avoided (2024)\u003c\/li\u003e\n\u003cli\u003e~8-15% customer energy cost savings (2024)\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Customer-Segments-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eKeppel 2024: S$5.3bn in streams, strong returns, 420kt CO₂ avoided, 8-15% savings\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eKeppel serves institutional investors (S$4.2bn private fund inflows, 2024), governments (S$1.1bn environmental revenue, 2024), corporates (~1,200 customers; ~3.6 TWh), retail via listed trusts (DPU ~4.2%; total returns ~8%, 2024) and energy users (≈420 ktCO2e avoided; 8-15% cost savings, 2024).\u003c\/p\u003e\n\u003ctable class=\"tbl_prdct green_head blur_tbl\"\u003e\n\u003cthead\u003e\u003ctr\u003e\n\u003cth\u003eSegment\u003c\/th\u003e\n\u003cth\u003eKey 2024 metrics\u003c\/th\u003e\n\u003c\/tr\u003e\u003c\/thead\u003e\n\u003ctbody\u003e\n\u003ctr\u003e\n\u003ctd\u003eInstitutional\u003c\/td\u003e\n\u003ctd\u003eS$4.2bn private fund inflows\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eGovernment\u003c\/td\u003e\n\u003ctd\u003eS$1.1bn enviro revenue\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eCorporate\u003c\/td\u003e\n\u003ctd\u003e~1,200 customers; ~3.6 TWh\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eRetail\u003c\/td\u003e\n\u003ctd\u003eDPU ~4.2%; returns ~8%\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eEnergy users\u003c\/td\u003e\n\u003ctd\u003e~420 ktCO2e avoided; 8-15% savings\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/tbody\u003e\n\u003c\/table\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"container_new_design\"\u003e\n\u003cdiv class=\"text-section text-2_new_design\"\u003e\n\u003cdiv class=\"frst_big_letter_heading\"\u003e\n\u003ch2\u003e\n\u003cspan class=\"frst_big_letter_letter orange\"\u003eC\u003c\/span\u003e\u003cspan class=\"frst_big_letter_text\"\u003eost Structure\u003c\/span\u003e\n\u003c\/h2\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-wrapper orange\"\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Cost-Structure-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eOperational and Maintenance Expenses\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cpa significant share of keppel cost base-about its recurring-asset operating expenses infrastructure reit segments to day-to-day running and managed properties covering labor utilities routine repairs keep power waste treatment district cooling uninterrupted. efficient operations shown by a ebitda margin for recurring businesses directly protects margins on these income streams.\u003e\n\u003c\/pa\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Cost-Structure-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eCapital Expenditure for Project Development\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eKeppel spends heavily on planning and construction for new urban and infrastructure projects, with greenfield capex and strategic acquisitions totaling about SGD 1.2 billion invested in 2024 across projects such as Tuaspring redevelopment and Keppel DC expansions.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"image-section image-2_new_design\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Cost-Structure-Image.svg\" alt=\"Explore a Preview\"\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Cost-Structure-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eHuman Capital and Specialized Talent\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eKeppel's model depends on investment managers, engineers, and sustainability specialists; in 2024 Keppel allocated ~S$220m to staff and contractor costs (≈18% of operating expenses) to secure this talent. Competitive pay-benchmarked to Singapore and global offshore markets-reduces turnover and supports innovation, and is central to delivering complex, high-margin projects and sustainability-linked revenue streams.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"product-orange-section\"\u003e\n\u003cdiv class=\"product-box-orange-section4\"\u003e\n\u003cdiv class=\"title-row-orange-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Cost-Structure-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eFinancing and Interest Costs\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-orange-section blur_box\"\u003e\n\u003cp\u003eKeppel carries substantial interest expenses tied to capital-intensive legacy assets and large-scale projects, with net finance costs of SGD 235 million in FY2024, so managing cost of capital is a top priority amid post-2022 rate volatility.\u003c\/p\u003e\n\u003cp\u003eThe group prioritizes optimizing its capital structure-debt refinancing, longer maturities, and asset recycling-to cut borrowing costs while keeping liquidity and covenant headroom.\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003eFY2024 net finance costs: SGD 235m\u003c\/li\u003e\n\u003cli\u003eGroup borrowings (end-2024): ~SGD 6.1bn\u003c\/li\u003e\n\u003cli\u003eTarget: lower average borrowing cost via refinances and asset sales\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_green\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"product-box-orange-section4\"\u003e\n\u003cdiv class=\"title-row-orange-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Cost-Structure-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eTechnology and R\u0026amp;D Investment\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-orange-section blur_box\"\u003e\n\u003cp\u003eKeppel invests continuously in R\u0026amp;D to keep leadership in sustainable solutions, spending about SGD 120-150 million annually (2024 group capex\/R\u0026amp;D range) on digital platforms and green-tech pilots to sustain its value propositions.\u003c\/p\u003e\n\u003cp\u003e\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003eAnnual R\u0026amp;D spend ~SGD 120-150M\u003c\/li\u003e\n\u003cli\u003eFocus: digital platforms, green hydrogen, carbon capture pilots\u003c\/li\u003e\n\u003cli\u003eCapex share for sustainability projects ~15-20% of total capex\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_green\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Cost-Structure-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eKeppel: 55% recurring costs, 28% recurring EBITDA; SGD235m net finance on SGD6.1bn debt\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cpkeppel recurring operations drive of operating costs protecting margins with a ebitda fy2024 net finance were sgd on borrowings while capex ran and greenfield\u003e\u003ctable class=\"tbl_prdct green_head blur_tbl\"\u003e\n\u003cthead\u003e\u003ctr\u003e\n\u003cth\u003eMetric\u003c\/th\u003e\n\u003cth\u003e2024\u003c\/th\u003e\n\u003c\/tr\u003e\u003c\/thead\u003e\n\u003ctbody\u003e\n\u003ctr\u003e\n\u003ctd\u003eRecurring cost share\u003c\/td\u003e\n\u003ctd\u003e~55%\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eRecurring EBITDA margin\u003c\/td\u003e\n\u003ctd\u003e~28%\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eNet finance costs\u003c\/td\u003e\n\u003ctd\u003eSGD 235m\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eGroup borrowings\u003c\/td\u003e\n\u003ctd\u003e~SGD 6.1bn\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eCapex\/R\u0026amp;D\u003c\/td\u003e\n\u003ctd\u003eSGD 120-150m\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eGreenfield\/expansion capex\u003c\/td\u003e\n\u003ctd\u003e~SGD 1.2bn\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/tbody\u003e\n\u003c\/table\u003e\n\u003cbutton class=\"get_full_prdct_green\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/pkeppel\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"container_new_design\"\u003e\n\u003cdiv class=\"text-section text-1_new_design\"\u003e\n\u003cdiv class=\"frst_big_letter_heading\"\u003e\n\u003ch2\u003e\n\u003cspan class=\"frst_big_letter_letter green\"\u003eR\u003c\/span\u003e\u003cspan class=\"frst_big_letter_text\"\u003eevenue Streams\u003c\/span\u003e\n\u003c\/h2\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-wrapper orange\"\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Revenue-Streams-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eAsset Management and Performance Fees\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eKeppel earns recurring management fees from ~S$50bn assets under management (AUM) across private funds and REITs, generating roughly S$350-420m annual fee income in 2024; performance fees kick in when funds beat hurdle rates (typically 8%-10%), adding S$40-80m in outperformance-linked revenue in 2024, supporting a shift to capital-light, stable cashflows.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Revenue-Streams-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eInfrastructure and Utility Sales\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eRecurring revenue comes from selling electricity, steam and treated water to industrial and residential customers, plus waste-to-energy and essential infrastructure fees; these services generated about SGD 420m in utility sales and SGD 85m in waste-to-energy fees in FY2024.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"image-section image-1_new_design\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Revenue-Streams-Image.svg\" alt=\"Explore a Preview\"\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Revenue-Streams-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eProperty Sales and Urban Development\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eRevenue comes from selling residential units and commercial spaces in Keppel's urban projects, recognised at completion; these lump-sum inflows drove S$1.2bn in property sales in FY2024 (Keppel Corporation annual report 2024).\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"product-green-section\"\u003e\n\u003cdiv class=\"product-box-green-section4\"\u003e\n\u003cdiv class=\"title-row-green-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Revenue-Streams-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eConnectivity and Data Center Rentals\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-green-section blur_box\"\u003e\n\u003cp\u003eKeppel earns steady income from leasing data‑centre space and providing connectivity via its subsea cable networks, tapping rising global demand for data processing and transmission; in 2024 Keppel DC REIT reported S$238m revenue and Keppel Telecoms assets added multi‑year contracts boosting recurring cash flow.\u003c\/p\u003e\n\u003cp\u003e\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003eLong‑term leases with enterprise tenants: high renewal rates\u003c\/li\u003e\n\u003cli\u003e2024 Keppel DC revenue ~S$238m (Keppel DC REIT)\u003c\/li\u003e\n\u003cli\u003eSubsea cables drive bandwidth sales and connectivity margins\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"product-box-green-section4\"\u003e\n\u003cdiv class=\"title-row-green-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Revenue-Streams-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eInvestment Income and Divestment Gains\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-green-section blur_box\"\u003e\n\u003cp\u003eKeppel realizes profits by selling mature assets from its balance sheet to its managed funds or third parties, recording divestment gains that powered about S$1.1bn of cash proceeds in 2024 as part of its capital-recycling strategy to unlock shareholder value.\u003c\/p\u003e\n\u003cp\u003eThe group also earns dividends and interest from minority stakes and co-investments, contributing an estimated S$120m in investment income in FY2024, supporting recurring cash flow alongside asset sales.\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003e2024 divestment proceeds: ~S$1.1bn\u003c\/li\u003e\n\u003cli\u003e2024 investment income: ~S$120m\u003c\/li\u003e\n\u003cli\u003eStrategy: capital recycling via asset sales to managed funds\/third parties\u003c\/li\u003e\n\u003cli\u003eIncome sources: divestment gains, dividends, interest from minority stakes\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Revenue-Streams-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eKeppel 2024: S$3.5bn+ revenue mix led by property sales, divestments and utilities\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eKeppel's 2024 revenue mix: recurring AUM fees S$350-420m, perf fees S$40-80m, utilities S$420m, waste‑to‑energy S$85m, property sales S$1.2bn, Keppel DC revenue S$238m, divestment proceeds S$1.1bn, investment income S$120m.\u003c\/p\u003e\n\u003ctable class=\"tbl_prdct green_head blur_tbl\"\u003e\n\u003cthead\u003e\u003ctr\u003e\n\u003cth\u003eStream\u003c\/th\u003e\n\u003cth\u003e2024 (S$)\u003c\/th\u003e\n\u003c\/tr\u003e\u003c\/thead\u003e\n\u003ctbody\u003e\n\u003ctr\u003e\n\u003ctd\u003eAUM fees\u003c\/td\u003e\n\u003ctd\u003e350-420m\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003ePerformance fees\u003c\/td\u003e\n\u003ctd\u003e40-80m\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eUtilities\u003c\/td\u003e\n\u003ctd\u003e420m\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eWaste‑to‑energy\u003c\/td\u003e\n\u003ctd\u003e85m\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eProperty sales\u003c\/td\u003e\n\u003ctd\u003e1.2bn\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eKeppel DC\u003c\/td\u003e\n\u003ctd\u003e238m\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eDivestments\u003c\/td\u003e\n\u003ctd\u003e1.1bn\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eInvestment income\u003c\/td\u003e\n\u003ctd\u003e120m\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/tbody\u003e\n\u003c\/table\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e","brand":"Value Chain Analysis","offers":[{"title":"Default Title","offer_id":57357773930827,"sku":"keppel-business-model-canvas","price":10.0,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/1049\/6776\/6347\/files\/keppel-canvas-business-model.webp?v=1779146390","url":"https:\/\/valuechainanalysis.com\/products\/keppel-business-model-canvas","provider":"Value Chain Analysis","version":"1.0","type":"link"}