What is the valuation and strategic purpose of the new renewable energy venture launched by SK Inc and KKR?

The venture is valued at 2 trillion won ($1.3 billion) and is intended to be South Korea's largest renewable energy platform, designed to meet rising clean-power demand from AI data centres and chip plants.

What renewable energy assets and capacity does the platform include at launch and in its development pipeline?

At launch, the platform will integrate renewable energy assets from SK Innovation, SK ecoplant, and SK eternix—including solar, onshore and offshore wind, and fuel cells—and have about 1.7 gigawatts of operational capacity; its development pipeline aims to bring total capacity to 10 gigawatts, sufficient to power 100 large-scale 100-megawatt data centres.

SK, KKR to launch South Korea renewable energy venture valued at $1.3 billion

Jun 30, 2026

SK Inc and KKR are launching South Korea's largest renewable energy platform valued at $1.3 billion to meet power demands from AI data centers and chip plants. The venture combines solar, wind, and fuel cell assets with an initial capacity of 1.7 gigawatts.

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