BRIEF-Keppel Corporation Says Globalfoundries And Keppel Sign Multi-Year Power Purchase Agreement
Jan 9 (Reuters) - Keppel Corporation:
* GLOBALFOUNDRIES AND KEPPEL SIGN MULTI-YEAR POWER PURCHASE AGREEMENT
* ANNOUNCED SIGNING OF A MULTI- YEAR POWER PURCHASE AGREEMENT FOR PROVISION OF ELECTRICITY AT GF'S SINGAPORE SITE
* AGREEMENT WILL FACILITATE PROCUREMENT OF GF'S POWER SUPPLY AS ITS SINGAPORE CAMPUS CONTINUES TO RAMP PRODUCTION
* MULTI-YEAR AGREEMENT WILL SEE KEPPEL PROVIDE 150 TO 180 MW OF ELECTRICITY EACH YEAR TO POWER GF'S SINGAPORE OPERATIONS
* GF IS EXPECTED TO BE A SIGNIFICANT LONG-TERM OFF-TAKER OF ELECTRICITY FROM UPCOMING KEPPEL SAKRA COGEN PLANT Source text for Eikon: Further company coverage: