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Daemyung Energy Increases Stake in Subsidiary Gokseong Green Wind Power for 18.6 Billion Won

Utilities · Alternative Power Generation · yonhap_finance · 2026-09-02

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Daemyung Energy announced an additional acquisition of shares in its wind power subsidiary, Gokseong Green Wind Power, to bolster business operations.

What Happened

Stake Acquisition: Daemyung Energy, a company listed on the KOSDAQ, has announced the acquisition of 1,862,700 additional shares in its subsidiary, Gokseong Green Wind Power. The total value of this transaction is approximately 18.6 billion KRW.

Ownership Structure: Following the completion of this share purchase, Daemyung Energy's stake in Gokseong Green Wind Power will rise to 71.7%. The transaction is scheduled to be finalized on the 4th of the month.

Strategic Objective: The company stated that the primary purpose of this capital injection is to revitalize its business operations. This move is intended to strengthen the operational efficiency and market competitiveness of its wind power projects.

Background: This report is based on regulatory filings provided by the company. Through this investment, Daemyung Energy aims to enhance synergy with its subsidiary and solidify its position in the renewable energy sector.

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