Keppel Infrastructure Trust provided an update on its third-quarter 2025 performance and business developments. The Trust highlighted a healthy balance sheet, with 38% net gearing and a weighted average debt maturity of 3.1 years as of 30 September 2025. Interest coverage ratio stood at 13.1 times, with 71% of foreign currency distributions hedged. Strategic capital recycling activities were noted, with approximately $301 million in divestment proceeds identified for redeployment, including a proposed acquisition of Global Marine Group. The presentation also reported early refinancing efforts that achieved interest rate savings and extended debt maturity to 2030. Operational updates indicated stable performance across Singapore waste and water assets, with ongoing exploration for concession extensions. Ixom continued to perform strongly, while the Philippine Coastal asset was divested during the period. You can access the full presentation through the link below.