SK eternix Co., Ltd.

SK eternix Co. , Ltd. is a South Korean renewable energy company focusing on solar power, wind power, energy storage systems, and fuel cell technologies, providing innovative solutions for sustainable energy generation. Founded in 2024 in Seongnam, South Korea, SK eternix Co.

, Ltd. specializes in renewable energy solutions. The company has successfully executed five deals and recently completed a PIPE funding round, raising KRW 348,000 mn with investment from KKR. The most recent deal occurred on March 6, 2026, where KKR agreed to acquire a 43.

5% minority stake in SK eternix Co. , Ltd. for KRW 348 billion, in a PIPE deal. SK eternix specializes in providing comprehensive renewable energy solutions across various sectors, primarily focusing on solar power, wind power, energy storage systems (ESS), and fuel cell technologies.

Their core offerings include a solar power trading platform that integrates advanced digital operations and maintenance solutions, facilitating energy trading based on solar generation. The company operates both onshore and offshore wind farms, expanding its portfolio through the development of large-scale projects. SK eternix is recognized as the leading player in the ESS market in South Korea, with ambitions to penetrate international markets, notably the U. S.

They have secured supply agreements with Bloom Energy for high-efficiency fuel cell technology to promote decentralized power generation, serving businesses and governments aiming to transition to sustainable energy sources across Asia, North America, and Europe. SK eternix generates revenue primarily through long-term power purchase agreements (PPAs), securing stable cash flows from its renewable energy projects. The company enters direct contracts with large-scale consumers, including multinational corporations pursuing sustainability targets. Revenue is supplemented through partnerships in the energy trading sector, connecting renewable energy assets with existing power markets.

The pricing structure for their services, particularly in solar power and ESS, aligns with competitive market rates, reflecting the value of their innovations in renewable energy technologies. SK eternix's strategy for future growth includes the development of new products in the renewable energy sector, although specific release dates are not disclosed. The company plans to expand into international markets, particularly targeting the U. S.

, by 2026. The recent PIPE funding of KRW 348,000 mn will support these initiatives, including the potential launch of new renewable energy products. In June 2025, Hahn & Company sold 3. 2 million shares at KRW 25,634 apiece for a total of KRW 82.

2 billion, retaining a 12. 52% minority stake in the company.