KB draws W543b commitment to finance wind turbine project in Jeju
Published on: Sunday 27 February 2022
South Korea’s KB Kookmin Bank said Monday it has snapped up a combined 543 billion won ($450 million) commitment to a private fund to finance a 100-megawatt wind turbine project on the southern resort island of Jeju. The private fund, which marks the largest here in terms of those tied to renewable energy, will target 18 offshore wind turbines on Jeju Island, generating a combined 100 megawatts. The value of t...
