GS E&C, I Squared Capital target 1.5GW renewable energy portfolio by 2035

GS E&C said Monday it signed a memorandum of understanding with global infrastructure investment firm I Squared Capital to establish a joint venture focused on renewable energy projects in South Korea.

Under the agreement, the two companies aim to secure 1.5 gigawatts of energy transition assets by 2035, targeting solar power generation and battery energy storage system projects.

Founded in 2012, I Squared Capital manages approximately $60 billion in assets and has invested in renewable energy p ...