GS E&C, I Squared Capital to team up for renewable energy projects

GS Engineering & Construction said Monday it will partner with US-based infrastructure investment firm I Squared Capital to develop renewable energy and battery energy storage systems in South Korea.

The South Korean builder signed a memorandum of understanding with I Squared Capital to establish a joint venture focused on solar power and energy storage projects.

Through the joint venture, the two companies aim to develop and secure a total of 1.5 gigawatts of energy-transition assets by 2035, i ...