KKR to control South Korea's $1.3 billion renewables platform with SK as AI power demand rises

AI Summary

KKR has taken control of South Korea's $1.3 billion renewables platform, partnering with SK amid rising AI power demand. This follows South Korea's announcement of three major investment initiatives focusing on semiconductors, physical AI, and AI data centers.

The announcement came after South Korea announced on Monday three massive investment projects, spanning semiconductors, physical AI and AI data centers.