SK and KKR Partner to Launch South Korea's Largest Renewable Energy Company
SK Inc. and global investment firm KKR are partnering to launch South Korea’s largest renewable energy company, consolidating group-wide clean energy assets to meet rising power demand from artificial intelligence data centers and other sectors, with an estimated value of $1.3 billion.
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SK, KKR to launch Korea's largest renewable energy company
SK Inc. said Wednesday it will partner with US private equity firm KKR to launch South Korea’s largest renewable energy company, consolidating group-wide clean energy assets to meet rising power demand from artificial intelligence data centers and semiconductor plants. The company said it signed an investment agreement with funds managed by KKR to set up the integrated renewable energy firm, tentatively named HoldCo, by the end of this year. The new entity will combine renewable energy assets cu
By The Korea Herald
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