ST Engineering：DEFENCE and engineering group ST Engineering is venturing into the data centre cooling market with the launch of a cooling technology that supposedly helps operators in tropical climates achieve 20 per cent in energy savings, which translates to about S$104 per kilowatt-hour of heat load every year.
Using a data centre with a power load of 20 MW as an example, a 20 per cent reduction in energy consumption translates to 14 gigawatt-hour of electricity savings annually — enough to power 3,200 4-room public housing flats over a year.
Assuming an electricity tariff rate of S$0.299 per kilowatt-hour, this could mean cost savings of up to S$4 million a year, said representatives of ST Engineering at the launch of the new cooling system on Wednesday.
ComfortDelGro：MAINBOARD-LISTED ComfortDelGro Corporation is acquiring Irish coach operator GoBus for 12 million euros (S$17 million), a move that will catapult it to be the third-largest inter-city coach operator in the country.
Acquiring through its wholly-owned unit ComfortDelGro Irish Citylink, the Singapore transport behemoth will get a fleet of 31 buses and 3 inter-city coach routes, namely, the Galway-Dublin Express, the Cork-Dublin Express and the Galway-Ballina Express.
These routes have been experiencing “strong” commuter demand in recent months, with the Cork-Dublin route already operating at pre-pandemic levels, ComfortDelGro said in its regulatory filing on Wednesday.
Keppel Infrastructure Trust: Keppel Corporation and Keppel Infrastructure Trust (KIT), on July 13, announced that they will be jointly investing in a European onshore wind energy portfolio.
The transaction is KIT’s first investment in the renewable energy sector. Meanwhile, the transaction will also mark Keppel Corp’s expansion in the wind energy business.
Under the joint investment, both Keppel Corp and KIT will be putting in €160 million ($233.6 million) for a 33.33% stake in a joint investment vehicle (FundCo), of which Keppel Corporation will hold an effective stake of 6.0%. KIT will hold an effective stake of around 27.3%. These stakes are held through an 18:82 joint venture between Keppel Renewable Investments Pte. Ltd., a wholly-owned subsidiary of Keppel Corporation and KIT.
The joint investment will be made alongside Kommunal Landspensjonskasse (KLP) and Meag Munich Ergo Asset Management GmbH (Meag), which will be co-investing in 49% of a portfolio of existing and pipeline onshore wind energy assets across Norway, Sweden and the United Kingdom (projects) sponsored by Fred. Olsen Renewables AS (Foras).