Standard Chartered advises on M&A for Keppel Infrastructure Trust

Standard Chartered acted as the sole financial advisor in the sale of a 100 percent indirect stake in Philippine Coastal Storage & Pipeline Corporation (PCSPC) by Keppel Infrastructure Trust (KIT) and Metro Pacific Investments Corporation (MPIC) to affiliates of I Squared Capital. The transaction, which completed on March 20, 2025, had an enterprise value of USD460 million, including USD181 million in net debt. This divestment aligns with KIT’s strategy to focus on low carbon energy transition segments.