Search results for Korea Southern Power
Finance
Woori Bank arranges $825 million refinancing for Ohio power plant
Woori Bank said on Saturday it completed arranging $825 million in refinancing for a 950-megawatt gas-fired combined-cycle power plant in Trumbull County, Ohio. Korea Southern Power, the Korea Overseas Infrastructure and Urban Development Corp (KIND) and Siemens Energy participated as joint investors. The bank oversaw a financing structure transition in line with the plant’s operating schedule. It is located within the PJM power market region.
Finance
Korean stocks see record volatility on Middle East risks; AI race accelerates
South Korean stocks are seeing sharp swings as Middle East geopolitical risks broaden, raising the prospect of a prolonged war and pushing up oil prices and uncertainty in global markets. Extreme intraday moves have repeatedly triggered buying and selling sidecars. Financial groups and banks are reshaping governance ahead of annual meetings and stepping up efforts to expand women’s leadership. The industry is also accelerating AI-driven digital transformation across banking, payments and financial content.
Finance
Hana Bank to jointly develop offshore wind projects with Korea Southern Power
Hana Bank said on March 8 it signed an agreement on March 6 with Korea Southern Power to jointly develop offshore wind power projects and accelerate what it called productive finance for a shift to renewable energy. The two will build a full-cycle cooperation framework covering development, construction and operations across renewables. Hana Bank expects the partnership to link its infrastructure-focused investment banking capabilities with Korea Southern Power’s offshore wind experience.
