Singapore’s Keppel Corporation, parent of Keppel Offshore & Marine, is chasing more cleaner energy work as it aims to become a "powerhouse of solutions for sustainable urbanisation”. The company plans to focus more on areas such as renewables, environmental solutions, nearshore floating infrastructure, connectivity solutions including green data centres, as well as integrated smart district development. Besides organic growth, Keppel will actively pursue strategic merger and acquisition opportunities to accelerate chosen growth engines, as well as selective divestments to free up its balance sheet. Vision 2030 Keppel on Thursday announced its Vision 2030 plan to drive the company’s long-term strategy and transformation. From a conglomerate of diverse parts, Keppel plans to refocus its portfolio to be an integrated business, providing end-to-end solutions, with an asset management arm to fund its growth and provide a platform for capital recycling. Moving forward, Keppel will focus on four key business areas: energy and environment, urban development, connectivity and asset management — all of which are part of a connected value chain. As part of this process, the group has announced the strategic review of its logistics business. “Amidst a rapidly changing global environment, Keppel must remain nimble and evolve to stay relevant and competitive. " The year-long Vision 2030 exercise, which was completed