Korea’s newly introduced 12th Basic Plan establishes ambitious targets for renewable energy, with enhanced government oversight and bipartisan support indicating a strong commitment to the energy transition. This policy direction aligns well with Prostar’s investment strategy, particularly through its portfolio company, Kyungnam Energy (KNE), which currently serves nearly a million customers, including some of Korea’s leading industrial players.
As the deployment of solar energy in industrial complexes becomes a national priority, KNE is well-positioned to expand its platform and seize scalable, long-term opportunities amid Korea’s accelerated transition to renewable energy. These developments highlight Prostar’s approach of investing in essential energy infrastructure across Korea, aimed at fostering both economic growth and decarbonisation efforts.
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