Investing

KKR invests $2 billion in South Korean energy firm SK E&S

Published by maria gbaf

Posted on November 5, 2021

1 min read

· Last updated: January 28, 2026

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KKR's $2 Billion Investment in SK E&S to Accelerate Growth

(Reuters) – Investment firm KKR & Co Inc said on Friday it has bought 2.4 trillion won ($2.03 billion) worth of newly issued redeemable convertible preferred shares of South Korean energy company SK E&S Co Ltd.

SK Group conglomerate member SK E&S will use the funding to accelerate its growth, KKR said, adding that the investment was made from its Asia Pacific infrastructure fund.

($1 = 1,184.5000 won)

(Reporting by Bhargav Acharya in Bengaluru; Editing by Shounak Dasgupta)

Key Takeaways

  • KKR invests $2 billion in SK E&S.
  • Investment made via Asia Pacific infrastructure fund.
  • SK E&S to use funds for growth acceleration.
  • Investment involves redeemable convertible shares.
  • SK E&S is part of the SK Group conglomerate.

Frequently Asked Questions

What is the main topic?
The main topic is KKR's $2 billion investment in South Korean energy firm SK E&S to accelerate its growth.
What type of shares did KKR purchase?
KKR purchased newly issued redeemable convertible preferred shares of SK E&S.
What will SK E&S use the investment for?
SK E&S will use the investment to accelerate its growth in the energy sector.

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