Gurīn Energy, a leading renewable energy company headquartered in Singapore, today announced the acquisition of EDP Renewables APAC’s wind and solar project portfolio in South Korea, significantly expanding its footprint in the country.
The acquisition of these projects, with a combined total capacity of 303MW, doubles the size of Gurīn Energy’s portfolio under development in South Korea to more than 600MW.
Once completed, the projects are expected to contribute to the advancement of the country’s renewable energy goals and support national decarbonisation efforts.
Today’s announcement reflects Gurīn Energy’s commitment to South Korea’s dynamic energy market. Last month, Gurīn Energy opened its second office in Seoul to support its Korean headquarters located in Gwangju.
“Gurīn Energy is delighted to share that we have significantly grown our presence in South Korea through the acquisition of EDP Renewables APAC’s South Korean portfolio. This milestone reflects our strong belief in South Korea’s potential to be a leader in Asia’s clean energy transition,“ said Seongoh Yeom, Representative Director of Gurīn Energy in Seoul.
“We look forward to working closely with our partners, Korean regulators and local communities to ensure these projects deliver lasting value and contribute to building a more sustainable future for South Korea.”
About Gurīn Energy
Gurīn Energy Pte Ltd is a Singapore-headquartered renewable energy developer. Its team of approximately 100 people across North Asia and South-East Asia is focused on the development, ownership and operation of solar, wind and BESS assets.
Gurīn Energy was founded by its senior management team together with Infratil Ltd, a listed infrastructure investment company which has also established renewable energy platforms in the United States, Europe and Australia, holding a development pipeline of over 50GW across four continents. Infratil Ltd is managed by Morrison, a global infrastructure investment company.
Gurīn Energy currently has 9GW of solar, wind and storage projects in various stages of development in Indonesia, Singapore, Malaysia, Thailand, the Philippines, South Korea and Japan.
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