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SK Eternix Signs 507.7 Billion Won Direct Power Purchase Agreement to Supply Renewable Energy for 25 Years

SK Eternix announced on the 15th that it has signed a direct power purchase agreement worth 507.78 billion won. The contract amount is equivalent to 131.67% of its recent revenue of 385.64 billion won. The sales and supply region is domestic, and the contract was signed on October 15, 2026. **Metho

Oseong Kwon
Staff Reporter
3 min read
SK Eternix Signs 507.7 Billion Won Direct Power Purchase Agreement to Supply Renewable Energy for 25 Years
CBC News

SK Eternix announced on the 15th that it has signed a direct power purchase agreement worth 507.78 billion won. The contract amount is equivalent to 131.67% of its recent revenue of 385.64 billion won. The sales and supply region is domestic, and the contract was signed on October 15, 2026.

Method of Calculating the Contract Amount According to the regulatory filing, the contract amount was calculated by multiplying the trading price by the minimum guaranteed supply of renewable energy based on a contracted capacity of 100MW. However, the amount may vary depending on actual power supply volumes, permits and licenses, accounting standards, and other factors.

25-Year Long-Term Contract, Start and End Dates Undetermined The contract period is 25 years from the start date of power trading. The specific start and end dates of the contract have not yet been finalized, and the company plans to file a corrective disclosure once they are confirmed. The disclosure deferral deadline is October 14, 2051, and this date may be changed later.

Counterparty Undisclosed... No Contract Deposit or Advance Payment The counterparty to the contract was not disclosed for business confidentiality reasons. According to the filing, there is no contract deposit or advance payment.

SK Eternix stated that the contract amount, trading period, and other terms may be partially changed during the process in accordance with the agreement of the contracting parties.

Oseong Kwon
Staff Reporter

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