- CEO
- Hae-Jung Kim
- Full Time Employees
- 108
- Sector
- Utilities
- Industry
- Alternative power generation
- Address
- Seongnam-si South Korea
- IPO Date
- Mar 29, 2024
- Business
- SK Eternix Co., Ltd. is a South Korea-based renewable energy developer and eco-friendly power solutions provider specializing in the development, engineering, procurement, construction, operation, and maintenance of clean energy generation assets and grid infrastructure. The company operates across five core business divisions: Solar Power, Wind Power, Energy Storage Systems (ESS), Fuel Cells, and Power Trading Solutions. Within its Solar Power business, the company develops, finances, constructs, and operates utility-scale, commercial, and distributed photovoltaic power plants; in its Wind Power segment, it oversees the full lifecycle development, turbine installation, and long-term asset management of utility-scale onshore and offshore wind farms, including projects such as the Gasiri, Uljin, and Gunwi wind generation complexes as well as large-scale offshore wind initiatives off the southwestern coast of South Korea; through its Energy Storage Systems (ESS) operations, it delivers customized commercial, industrial, and grid-scale battery energy storage solutions for peak shaving, renewable energy integration, frequency regulation, and power quality stabilization; its Fuel Cell division develops, builds, and operates high-efficiency, baseload distributed power generation plants utilizing advanced Solid Oxide Fuel Cell (SOFC) technology, encompassing regional plants in Cheongju, Eumseong, and Boeun; and via its Energy Solutions and Power Trading division, it provides Virtual Power Plant (VPP) management, direct corporate Power Purchase Agreements (corporate PPAs), and Renewable Energy Certificate (REC) brokerage services designed to enable corporate clients to achieve RE100 decarbonization mandates. Originally established as the eco-friendly energy division of SK D&D Co., Ltd. within the SK Group conglomerate, SK Eternix was incorporated as an independent corporate entity in March 2024 through a corporate spin-off and demerger, subsequently listing its common shares on the Korea Exchange under the ticker KRX:475150. Following its independent listing, the company has actively accelerated its business expansion, establishing strategic investment partnerships with international clean energy fund managers including Glennmont Partners from Nuveen Infrastructure to co-invest in renewable generation assets and battery storage infrastructure, while simultaneously advancing market entry into the United States energy storage market and scaling direct corporate PPA contracts with major domestic industrial manufacturers. Headquartered in Seongnam-si, Gyeonggi-do, South Korea, SK Eternix primarily serves utility operators, industrial power consumers, commercial off-takers, and public institutions across South Korea with growing operations in international renewable markets.