KRPN Co., Ltd. Acquires 2 Billion KRW Worth of Shares in Wind Power Company

[Asia Economy Reporter Minji Lee] KRPN announced on the 30th that it acquired stocks worth a total of 2 billion KRW, with 1 billion KRW each in the wind power companies Yeosu Samsan Offshore Wind Power and Ganggu Wind Power. Accordingly, the company's shareholding ratio in Yeosu Samsan Offshore Wind Power and Ganggu Wind Power reaches 99% each.

The company explained, "This is to participate in the wind power complex construction projects underway in Yeosu, Jeollanam-do, and Yeongdeok, Gyeongsangbuk-do," adding, "The estimated project costs are 2.4 trillion KRW and 94 billion KRW, respectively."