Mirae Asset Securities Signs Long-Term Solar Power REC Purchase Agreement

[Asia Economy Reporter Son Sunhee] Mirae Asset Securities announced on the 7th that it has signed a long-term purchase agreement for solar renewable energy certificates (REC).

On the same day, Mirae Asset Securities held a signing ceremony for this agreement at its headquarters in the Mirae Asset Center One Building in Jung-gu, Seoul, with 'Sunset Energy,' a subsidiary of Jinyang SNG. Following this REC long-term purchase agreement, they are reviewing implementation plans such as power purchase agreements (PPA). Previously, in September 2021, they joined 'RE100 (Renewable Energy 100%),' a voluntary carbon neutrality project by global companies, and established a plan to convert 100% of their total electricity consumption to renewable energy by 2025.

Jinyang SNG, established in 2008, is a solar energy specialized company. It holds a track record of 250MW of solar structures domestically and internationally, as well as patents for rooftop structures.

A representative from Mirae Asset Securities stated, "As an investment specialist company, we will participate in the nation's greenhouse gas reduction efforts together with our customers and fulfill our social responsibilities."