Keppel's energy arm buys 20% stake in Swiss energy firm for $80m

The companies will explore energy infrastructure assets in Europe.

Keppel Energy Switzerland Holding, a subsidiary of Keppel Infrastructure Holdings has acquired a 20% stake in Switzerland-based energy company, MET Holding for an for an aggregate consideration of $80m, announced the company.

The two companies have also entered into a strategic partnership to jointly explore investment opportunities focusing on European energy infrastructure assets

MET Group runs integrated operations in areas of natural gas, power and oil, and has a presence across 15 European countries.

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