March 25, 2017 12:31 AM ET

Independent Power and Renewable Electricity Producers

Company Overview of Daelim Energy Co., Ltd.

Company Overview

Daelim Energy Co., Ltd. operates in the energy and infrastructure sectors worldwide. The company operates gas-fueled generating, wind power, and biomass-fueled plants facilities; and constructs coal-fueled generating plants. It also provides a range of petrochemical products, including the basic raw materials of petro chemicals, naphtha, solvents, and synthetic resins, as well as marine transportation services; and trades in petrochemical products. The company operates a combined cycle power plant with an installed capacity of 1,560 megawatts (MW) located in Pocheon, Kyunggi province in Korea; and generates solar energy with a total capacity of 5.2 MW. Daelim Energy Co., Ltd. was founded in ...

790, Chudong-ri



South Korea

Founded in 1939

Key Executives for Daelim Energy Co., Ltd.

Daelim Energy Co., Ltd. does not have any Key Executives recorded.

Daelim Energy Co., Ltd. Key Developments

Jordan Awards Contracts to Korea Southern Power and Daelim Energy for 50-MW Wind Power Projects

Jordan has awarded two power purchase agreements (PPAs) for the development of two 50 MW wind power projects. Korea Southern Power and Daelim Energy will build the first wind park for a total cost of about $110 million. The project finance will be sought from the International Finance Corporation (IFC) and the Islamic Development Bank. Construction work is likely to begin next year with the aim of generating power by 2019. The other 50-MW project, also at an investment of $100 million, will be established by Abour Energy, a subsidiary of Saudi Arabia's Xenel Industries.

Daelim Energy Co. to Form Joint Venture with Islamic Development Bank Infrastructure Fund II

Daelim Energy Co. has agreed to form a joint venture (JV) company, Daelim EMA, with Islamic Development Bank Infrastructure Fund II (IDB Infrastructure Fund II) in Dubai. As part of the trasnaction, Daelim Energy and IDB Infrastructure Fund II will invest up to $200 million in the JV, which will carry out investments in the energy sector in the Middle East, Africa and southwest Asia.

Recent Private Companies Transactions

Private Placement
February 6, 2017
Pocheon Power Co., Ltd.
Private Placement
November 16, 2016
Pocheon Power Co., Ltd.
Private Placement
August 9, 2016
Pocheon Power Co., Ltd.

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