K2 Management appointed as Lender’s Technical Advisor on South Korean wind farm

Wind Industry Profile of

K2 Management (K2M) has been appointed by MunmuBaram Co., Ltd, a joint venture of Shell and Hexicon AB, as Lender’s Technical Advisor for the MunmuBaram floating offshore wind project. The MunmuBaram JV aims to develop, construct, and operate a 1.3GW floating offshore wind farm, located in Southeast Korea between 65 and 80 km offshore from the city of Ulsan. More information about the project can be found on the project website.

South Korea seeks to become carbon neutral by 2050 and is looking to expand its renewable energy market to achieve this target. As the country goes through a transitional period to establish its renewable energy sources, it has begun to attract some of the leading developers in the industry who see South Korea as a long-term focus. The country has vast... ... More: Official Press Release K2 Management

Keywords:

K2 Management, Shell, Hexicon, South Korea, wind farm, offshore, project, MunmuBaram JV, target, renewable energy, advisor, floating