Gurīn Energy, a leading renewable energy company headquartered in Singapore, has announced the acquisition of EDP Renewables APAC’s wind and solar project portfolio in South Korea. This strategic acquisition marks a major step forward in Gurīn Energy’s expansion within the country, significantly strengthening its position in the South Korean renewable energy market.
The acquired portfolio has a combined total capacity of 303 MW, effectively doubling Gurīn Energy’s total development pipeline in South Korea to over 600 MW. Once completed, these projects are expected to play an important role in advancing South Korea’s renewable energy targets and supporting the country’s long-term decarbonization agenda. The move reflects Gurīn Energy’s strong confidence in the growth potential of the Korean clean energy sector and its commitment to contributing to the country’s transition toward a sustainable energy future.
This announcement follows Gurīn Energy’s recent establishment of a second office in Seoul, designed to support its Korean headquarters in Gwangju. The new office will strengthen the company’s operational capacity and enable closer collaboration with local partners, government authorities, and community stakeholders as Gurīn scales its project development and execution activities across the region.
Commenting on the acquisition, Seongoh Yeom, Representative Director of Gurīn Energy in Seoul, stated, “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.”
He further added, “We look forward to working closely with our partners, Korean regulators, and local communities to ensure that these projects deliver long-term value and contribute meaningfully to building a more sustainable future for South Korea.”
Through this acquisition, Gurīn Energy continues to demonstrate its dedication to driving renewable energy growth across Asia. By expanding its portfolio and strengthening its local presence, the company is well-positioned to support South Korea’s ambitious renewable energy and carbon neutrality goals, while delivering clean, reliable power that benefits both communities and the environment.
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