Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

SK Engineering to Build Biggest Offshore Wind Farm in S. Korea

March 14 (Bloomberg) -- SK Engineering & Construction Co. plans to build South Korea’s biggest offshore wind farm at a cost of as much as 800 billion won ($726 million). The facility will begin commercial operations in 2017.

The unit of South Korea’s third-biggest industrial group plans to install 28 seven-megawatt wind generators 2.5 kilometers (1.55 miles) off the coast of Ulsan, 280 kilometers east of Seoul, the company said in an e-mailed statement today.

SK has teamed up with Kepco Engineering & Construction Co., a unit of the nation’s only electricity distributor, to submit a construction proposal to the Ulsan Metropolitan City this month, the Seoul-based company said.

If approved, construction would start in 2015. The 196-megawatt wind farm will be capable of generating electricity equivalent to a year’s consumption by 100,000 households, according to the statement.

To contact the reporter on this story: Sangim Han in Seoul at sihan@bloomberg.net

To contact the editor responsible for this story: Jason Rogers at jrogers73@bloomberg.net

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.