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June 02, 2015 6:12 AM ET

Independent Power and Renewable Electricity Producers

Company Overview of Korea East-West Power Co., Ltd.

Company Overview

Korea East-West Power Co., Ltd., together with its subsidiaries, generates and sells electricity in South Korea. The company generates electricity through renewable energy sources, such as biomass, photovoltaic, fuel cell, hydro, and wind power. As of December 31, 2013, it owned and operated five power plants with a generating capacity of 9,342.7 megawatts. The company was incorporated in 2001 and is based in Ulsan, South Korea. Korea East-West Power Co., Ltd. is a subsidiary of Korea Electric Power Corporation.

395, Jongga-ro

Jung-gu

Ulsan,  

South Korea

Founded in 2001

Phone:

82 70 5000 1000

Fax:

82 70 5000 1299

Key Executives for Korea East-West Power Co., Ltd.

Chief Executive Officer, President and Director
Age: 59
Controller
Age: 54
Head of Overall Business Management
Age: 62
Head of Planning Management and Executive Vice President
Age: 62
Executive Vice President of Technology & Safety Division and Standing Director
Age: 58
Compensation as of Fiscal Year 2014.

Korea East-West Power Co., Ltd. Key Developments

Kibo Mining plc Signs Memorandum of Understanding with Korean East-West Power Co. Ltd

Kibo Mining plc announced that it has signed a Memorandum of Understanding (MOU) with Korean East-West Power Co. Ltd. (EWP) on the Rukwa Coal to Power Project. This follows the company's announcement of the 24th April 2013 on the selection of EWP as its preferred strategic partner to jointly develop a 300-350 megawatt mouth-of-mine thermal coal plant based on its Rukwa coal deposit in southern Tanzania. The MOU provides for the general terms of the partnership including terms on the scope of co-operation, sharing of information and confidentiality. This MOU is a major step towards finalizing the formal joint venture agreement between the parties which is scheduled to be completed following a site visit and technical due diligence by EWP at the beginning of August 2013.

Recent Private Companies Transactions

Type
Date
Target
Private Placement
December 12, 2014
Dongbu Power Dangjin Corporation
Private Placement
September 23, 2014
Yeonggwang Baeksu Wind Power Co., Ltd.
 

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