Korea Electric Power (KEP) has released an update.
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Korea Electric Power Corporation (KEPCO) has decided to guarantee a significant debt obligation amounting to KRW 1.42 trillion for the Saudi Rumah and Nairyah Gas Combined Cycle Power Plant Projects. This financial move represents a 3.8% ratio of KEPCO’s total equity, demonstrating the company’s commitment to expanding its energy projects globally. The resolution was unanimously approved by the board, highlighting KEPCO’s strategic focus on international ventures.
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