Most Popular
-
1
Dongduk Women’s University halts coeducation talks
-
2
Defense ministry denies special treatment for BTS’ V amid phone use allegations
-
3
Russia sent 'anti-air' missiles to Pyongyang, Yoon's aide says
-
4
OpenAI in talks with Samsung to power AI features, report says
-
5
Two jailed for forcing disabled teens into prostitution
-
6
Trump picks ex-N. Korea policy official as his principal deputy national security adviser
-
7
South Korean military plans to launch new division for future warfare
-
8
Gold bars and cash bundles; authorities confiscate millions from tax dodgers
-
9
Kia EV9 GT marks world debut at LA Motor Show
-
10
Teen smoking, drinking decline, while mental health, dietary habits worsen
[THE INVESTOR] KB Asset Management will invest US$200 million in a US gas and steam power generation plant at Marcus Hook Energy Center in Pennsylvania, according to Maeil Business Newspaper on Oct. 6.
KB has created a fund from homegrown institutional investors and will lend it to Starwood Energy Group Global that is taking out loans worth US$520 million to acquire the US$760 million power plant. The 790 megawatt combined cycle power generation plant has 90 percent operation rate.
The investment period is eight years and the expected rate of return is 4-5 percent a year.
By Hwang You-mee (glamazon@heraldcorp.com)
KB has created a fund from homegrown institutional investors and will lend it to Starwood Energy Group Global that is taking out loans worth US$520 million to acquire the US$760 million power plant. The 790 megawatt combined cycle power generation plant has 90 percent operation rate.
The investment period is eight years and the expected rate of return is 4-5 percent a year.
By Hwang You-mee (glamazon@heraldcorp.com)
