Keppel Corporation acquires a majority stake in Cleantech Solar for $150 Million
Keppel Corporation-led consortium has acquired a 51 per cent equity stake in Singapore-based solar developer Cleantech Solar for up to $150 million. Keppel Asia Infrastructure Fund LP (KAIF) is a member of the consortium, as well as a co-investor. Cloud Alpha Pte Limited, a subsidiary of the consortium, will buy the stake.
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