Industry
LG Energy Solution steps up ESS bet despite rising debt
LG Energy Solution’s debt ratio rose to 125.3 percent at the end of the third quarter of 2025, up about 30 percentage points in a year, as the impact of large-scale capital spending weighs on its finances. The company is seeking to issue 400 billion won of corporate bonds in maturities of 2, 3, 5 and 10 years, with the option to increase the size after demand forecasting. It says profitability and cash flow are improving and expects global ESS demand to grow.