AI & Enterprise
KB Kookmin Bank joins Hyosung Heavy Industries to finance HVDC and data centres
KB Kookmin Bank is teaming up with Hyosung Heavy Industries to support future energy infrastructure projects such as high-voltage direct current (HVDC) transmission and data centres. The bank said on May 28 it signed a memorandum of understanding with Hyosung Heavy Industries to strengthen competitiveness in the energy industry. Under the agreement, the bank will provide financial support for Hyosung’s HVDC large-capacity technology development and related projects.