G&B Infratech Secures KRW 30.0bn Investment Through 'ABLE 2,' Expanding Renewable Energy Investment

G&B Infratech has completed an investment of approximately KRW 30.0 billion from domestic investors through 'ABLE 2', its specialized platform for renewable energy development and investment, laying the groundwork for expanded renewable energy investment. 

ABLE 2 is G&B Infratech's second large-scale investment platform, established on the strength of the successful track record of its first platform, ABLE 1. 

ABLE 1 raised approximately KRW 34.0 billion in investment and secured approximately 200MW of new and renewable energy assets, which are being operated and developed on an ongoing basis.

Through this fundraising, G&B Infratech plans to further expand its renewable energy asset portfolio and actively pursue a range of investment opportunities — not only in renewable energy assets but also in related technology companies and strategic partnerships. Going forward, G&B Infratech will continue to leverage its specialized investment and development capabilities to contribute to the construction of sustainable energy infrastructure and the realization of carbon neutrality.

Source : 이데일리 마켓in
Article Title : "G&B Infratech Successfully Raises KRW 30.0bn Through 'ABLE 2,' Expanding Renewable Energy Investment" (Dec 12, 2024)

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