Search results for Sinan Ui offshore wind power project
Finance
Woori Financial steps up productive, inclusive finance, chair vows not to miss \'golden time\'
Woori Financial Group held an April council meeting on financing for advanced strategic industries, chaired by Chairman Lim Jong-ryong (임종룡), to review first-quarter results and second-quarter tasks for its 80 trillion won Future Shared Growth Project. Participants agreed to speed up productive finance amid rising external uncertainty. The group also outlined inclusive finance measures, including loan rate caps and interest relief, and plans to complete a groupwide platform in May.
AI & Enterprise
National Growth Fund to invest 250 billion won in NPU fabless Rebellion
South Korea\'s Ministry of Science and ICT and the Financial Services Commission said on March 26 they approved a 250 billion won direct investment from the Advanced Strategic Industries Fund into AI semiconductor fabless company Rebellion. The deal is the fourth first-phase mega-project under the \'K-Nvidia fostering\' initiative and the first to use direct equity investment. The capital will be provided via redeemable convertible preferred shares.
Finance
Woori Investment Securities leads 50.2 billion won financing for offshore wind infrastructure
Woori Investment Securities said on Feb. 27 it will support what it called “productive finance” by helping secure installation and transport vessels for key substructure works at a 50 billion won domestic offshore wind power project. The firm completed the lead role for the acquisition of the offshore wind installation vessel Nuri Baram by Woori Technology and CGO. The vessel is to be deployed on major domestic offshore wind projects, starting with the Sinan Ui project.