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17-11-2025
The transformation journey we began on in 2024 has entered an important phase. To strengthen this growth strategy, we have secured a dedicated financing facility of USD 750 million from KKR, funded through KKR Capital Markets and supported by KKR’s private credit and insurance platforms.
We will use this support to drive our expansion agenda, including the planned acquisition of ExxonMobil’s Esso-branded service station network in Singapore. This step is part of our ambition to build a more connected energy infrastructure ecosystem in the region.
KKR’s confidence affirms that our transformation strategy is receiving strong backing. This financing enables us to move forward with disciplined and sustainable financial management.