Keppel

Keppel eyes constrained markets as next frontier of data centre growth

Its 25 MW floating data centre, set for operation in 2028, has secured 100% occupancy

Keppel's private fund has secured land in Ansan, within the Seoul Metropolitan Area, to develop the greenfield data centre.

Keppel enters South Korea’s data centre market with 60 MW greenfield project

It marks the second investment by its private fund, Keppel Data Centre Fund III

Keppel is significantly ahead of schedule on its 2050 target to hit net zero on Scope 1 and 2 emissions.
HOCK LOCK SIEW

Keppel should take heart from its success and make a firm pledge on Scope 3 emissions

Its business model includes importing natural gas and managing asset portfolios so the bulk of its emissions impact falls under Scope 3

Data centres are buying substantial new renewable and nuclear electricity, but fossil fuels remain their largest source of new generation.
ESG INSIGHTS

Issue 196: AI’s complex role in sustainability; Keppel’s emissions targets

This week in ESG: AI hyperscalers now major funders of nuclear startups; Keppel well ahead on 2030 emissions goals

Energy security challenges have diverted the attention of many governments and companies, said Keppel chief executive Loh Chin Hua.

Keppel on track to hit key emissions target ‘well ahead’ of 2050: CEO

But its Scope 3, or value chain-related, emissions has risen with higher gas sales and one-off accounting for an India divestment

The latest ruling comes after the claimant submitted an appeal against the South Jakarta District Court's Feb 9 decision that declared his lawsuit "inadmissible".

Indonesian court upholds earlier dismissal of 2.28 trillion rupiah claim on Keppel unit’s land

The claimant, Tumpal Hutabarat, has been ordered to pay costs, similar to a February ruling

Shares of Keppel fell earlier in the week after IMDA said that Simba could have used radio frequency bands it had not been assigned to provide mobile services.
HOT STOCK

Keppel shares close 4.7% higher after M1-Simba deal falls through

Analysts are mixed on the counter after the news

Tuas Ltd says that Simba continues to cooperate with IMDA's investigation into the alleged spectrum breaches by the telco.

Keppel, Tuas confirm M1-Simba deal dead in the water

This comes after conditions for the transaction were not met by the extended long-stop date

Simba triggered a race to the bottom when it entered the market with aggressive price-war tactics.
HOCK LOCK SIEW

Collapse of M1-Simba deal reveals chinks in Singapore’s cursed telco consolidation dream

A rollback to a three-player market is inevitable; the tragedy is how difficult the exit has become

Simba may have breached Singapore's Telecommunications Act, if authorities confirm it used unauthorised radio frequency bands.
BT EXPLAINS

M1-Simba deal: What are frequency spectrums and when does their use become unauthorised?

Unassigned use may allow operators to gain an unfair advantage, IMDA says