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SK Innovation E&S, JB Financial to team up for renewable energy loans

Korea Economic Daily LogoKorea Economic Daily1d ago

SK Innovation E&S, JB Financial to team up for renewable energy loans - Korea Economic Daily

Quick Summary:

JB Financial Group Co., the parent company of Jeonbuk Bank and Gwangju Bank, will join hands with SK Innovation E&S Co.and InnerGen Co.to roll out South Korea’s first secured loan products tailored for companies transitioning to renewable energy.

The agreement will spur greater participation by solar power developers in the private renewable energy PPA market," said Lee Jin-mo, head of renewable energy business at SK Innovation E&S.

The trio will collaborate to offer loans to solar power producers and companies engaged in renewable energy power purchase agreements (PPAs).

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Article Details

Category: Economy

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-15 @ 13:51:13 (1 days ago)

News Timezone: GMT +8:00

News Source URL: kedglobal.com

Language: English

Article Length: 147 words

Reading Time: 1 minutes read

Sentences: 12 lines

Sentence Length: 13 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Korea Economic Daily

News ID: 27904833

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About Korea Economic Daily

Korea Economic Daily Logo

Main Topics: Economy

Official Website: kedglobal.com

Update Frequency: 10 posts per day

Year Established: 1964

Headquarters: South Korea

News Last Updated: ago

Coverage Areas: South Korea

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #91

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  • URL: https://beamstart.com/news/sk-innovation-es-jb-financial-17446949438197

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