Finance
Hana Bank to pursue Wando Geumil offshore wind farm with KOSEP
Hana Bank said on Feb. 27 it signed a business agreement with Korea South-East Power on Feb. 26 to advance the Wando Geumil offshore wind project, a 600-megawatt wind farm planned off Geumil-eup in Wando County, South Jeolla Province. The two sides will review the project structure and risk factors from before the project-financing stage and seek cooperation across development, construction and operations. Power produced is expected to be used by electricity demand sites such as AI data centres.