Keppel Asia Infrastructure Fund (KAIF) and Keppel Infrastructure have jointly taken ownership of an 80-percent interest in Singapore environmental services company, 800 Super Holdings.
KAIF and Keppel Infrastructure will hold 48 percent and 32 percent interests in the company, respectively. William Lee, 800 Super’s co-founder and CEO, will hold the remaining 20 percent interest and will continue to be 800 Super’s leader after the transaction.
800 Super has four main operating segments: waste management, waste treatment, integrated public cleaning and other environmental services. 800 Super is one of three licensed public waste collectors in Singapore, providing municipal waste collection services. 800 Super also provides waste removal and recycling services for commercial and industrial customers.
800 Super owns and operates an integrated waste treatment plant in Tuas, which is able to treat 568 tons of controlled waste per day, and a 2.88 MW biomass cogener