SEOUL, South Korea : KKR, a leading global investment firm, today announced that KKR has acquired from South Korean energy company SK E&S (the “Company”) KRW2.4 trillion (approximately US$2 billion) worth of SK E&S’ newly issued redeemable convertible preferred shares. The investment will provide KKR with an opportunity to receive cash or in-kind redemption as […]
South Korea group says govt should expand renewable power to 40% by 2040
South Korea, Asia’s fourth-largest economy, is seeking a shift to cleaner and safer energy resources to reflect growing calls for clean air and concerns over atomic energy safety. A South Korean advisory group said the government should plan to increase the nation’s share of renewable power generation in its generating mix to as much as […]
