G&B Infratech Launches 'ABLE,' a Renewable Energy Development and Investment Platform

G&B Infratech established Aqua Blue Energy ('ABLE'), a specialized platform for renewable energy development and investment, formally launching its renewable energy development and investment business in Korea. ABLE aims to contribute to the growth of Korea's renewable energy market through its development, investment, and commercialization capabilities in new and renewable energy, and to support corporations in achieving carbon neutrality and RE100 compliance.

At its founding, major corporations and financial institutions — including LS Electric, KB Kookmin Bank, Woori Bank, and Woori Global Asset Management — participated as shareholders, and the Company raised approximately KRW 34.0 billion in initial investment to establish its business foundation. G&B Infratech plans to continue contributing to the development of a sustainable energy ecosystem, drawing on its expertise and investment capabilities in Korea's renewable energy sector.

Source : The Bell
Article Title : "G&B Infra Partners with LS, KB, and Woori to Enter Renewable Energy" (Apr 4, 2023)

Original Link
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