KKR and SK Launch South Korea’s Largest Renewable Energy Platform

Global investment firm KKR and South Korea’s industrial conglomerate SK Inc are launching the single biggest renewable energy platform in South Korea to help meet growing power demand from AI and chip manufacturing. KKR and SK Inc are creating the platform, valued at about $1.

3 billion, or 2 trillion South Korean won, to combine 1. 7 gigawatts (GW) of clean energy capacity in operation and a pipeline of projects in development that would boost the platform’s total capacity to 10 GW, the investment firm said in a statement.