Business · Companies · 3 hrs ago
Shinhan Asset Management launches 500 billion won energy funds
Shinhan Asset Management has formed two funds worth 500 billion won for renewable energy and energy infrastructure in South Korea.
One fund will provide financing to local residents and resident groups involved in large renewable energy projects.
It will share some power plant operating profits with participating communities, and its first planned investment is a large offshore wind project.
The second fund will finance renewable energy and electricity grid projects through loans and equity investments.
It can invest from project development through construction and operation, including projects led by public power companies or policy finance institutions.
The funds matter because they connect investment in energy projects with local participation and support for infrastructure.
Shinhan plans to expand related investments into areas such as energy storage, solar power and electricity transmission and distribution networks.
Shinhan Asset Management has formed two funds with a combined value of 500 billion won to invest in renewable energy projects and domestic energy infrastructure.
The Shinhan Community Benefit-Sharing Fund will provide financing to local residents and resident cooperatives involved in large-scale renewable energy projects.
It plans to make its first investment in a large offshore wind project involving local residents.
The Shinhan Energy Infrastructure Growth Fund will finance renewable energy and power-grid projects through loans and equity investments.
The company said it plans to expand related investments into areas including energy storage systems and solar power.
- Who
- Shinhan Asset Management.
- What
- It formed two funds worth 500 billion won combined to invest in renewable energy projects and domestic energy infrastructure.
- When
- October 30, 2026.
- Where
- South Korea.
- Why
- The funds are intended to finance renewable energy projects, share some operating revenue with local residents, and invest in energy infrastructure.
This story does not have two clearly opposing sides.
Shinhan Asset Management established carbon-credit and port carbon-neutral infrastructure funds.
The company announced it had formed two energy funds totaling 500 billion won.
- Combined fund value
- 500 billion won
- Number of funds
- 2
- Community fund
- Shinhan Community Benefit-Sharing Fund
- Infrastructure fund
- Shinhan Energy Infrastructure Growth Fund
- Planned first community-fund investment
- A large offshore wind project involving local residents
1 source
What people are saying
The Community Benefit-Sharing Fund is structured so that local residents and institutional investors share the benefits of renewable energy projects.
We will expand infrastructure investment into carbon credits, port carbon-neutral infrastructure, and power transmission and distribution networks.