Investing
Kkr Invests $2 Billion in South Korean Energy Firm Sk E&s
Published by maria gbaf
Posted on November 5, 2021
1 min readLast updated: January 28, 2026
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Published by maria gbaf
Posted on November 5, 2021
1 min readLast updated: January 28, 2026
Add as preferred source on GoogleKKR invests $2 billion in SK E&S, a South Korean energy firm, to accelerate growth using its Asia Pacific infrastructure fund.
(Reuters) – Investment firm KKR & Co Inc said on Friday it has bought 2.4 trillion won ($2.03 billion) worth of newly issued redeemable convertible preferred shares of South Korean energy company SK E&S Co Ltd.
SK Group conglomerate member SK E&S will use the funding to accelerate its growth, KKR said, adding that the investment was made from its Asia Pacific infrastructure fund.
($1 = 1,184.5000 won)
(Reporting by Bhargav Acharya in Bengaluru; Editing by Shounak Dasgupta)
The main topic is KKR's $2 billion investment in South Korean energy firm SK E&S to accelerate its growth.
KKR purchased newly issued redeemable convertible preferred shares of SK E&S.
SK E&S will use the investment to accelerate its growth in the energy sector.
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