Financial Ports

$299m wind exit: SK ecoplant sells offshore unit to refocus on AI and chips

CLAVE 1 / 4SK ecoplant has agreed to sell its 35.62% stake in offshore wind fabricator SK Oceanplant for $299m.

CLAVE 2 / 4The buyer, led by The Ocean Asset Management, will become SK Oceanplant’s largest shareholder once the deal closes by year-end.

CLAVE 3 / 4Proceeds from the sale will mainly be used to repay debt as SK ecoplant shifts focus to semiconductor and AI infrastructure.

CLAVE 4 / 4SK Oceanplant, formerly Samkang M&T, operates in Goseong and specialises in offshore wind turbine substructures.

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