SK Gas Acquires $69.7 Billion Worth of Shares in U.S. Subsidiary... 80% Stake

SK Gas announced on the 6th that it will acquire 18,200 shares of the U.S. electricity sales company GridFlex for approximately 69.7 billion KRW.

After the acquisition, the shareholding ratio will be 80%. The scheduled date of stock acquisition is April 30, 2025.

SK Gas stated that the purpose of this stock acquisition is to "enter the U.S. ESS business."