[월간수소경제 이종수 기자] IGE, a subsidiary of SK E&S in the liquefied hydrogen sector, managed to raise corporate funds worth around KRW 360 billion from a state-owned financial institution.
SK E&S announced on the 23rd that IGE recently signed a financial project financing (PF) agreement for the Incheon liquefied hydrogen plant project.
IGE is a subsidiary of SK E&S established in March 2021 to promote business such as the production and sale of liquefied hydrogen, and is promoting the construction of a 30,000 tons per year liquefied hydrogen plant in Incheon.
Korea Development Bank (KDB), Korea Export-Import Bank (KEXIM) and IBK Industrial Bank, which are government-run financial institutions, participated as major shareholders in this FP. Lenders have successfully completed financial deals to support the hydrogen industry through joint cooperation.
With the signing of this PF agreement, SK E&S’ plan to create an ecosystem for the hydrogen industry is expected to gain more momentum. SK E&S plans to build a liquefied hydrogen production plant with an annual capacity of 30,000 tons in Incheon and supply liquefied hydrogen to liquefied hydrogen filling stations nationwide from the second half of 2023.
An SK E&S official said: “With this agreement, we will be able to bear the investment costs steadily.”
