NAVER invests in Gurīn Energy's 216 MW Jindo Green Solar project

Type: Investment · Technology: Solar · Country: South Korea · Capacity: 216 MW · Announced: 2026-09-16

NAVER has signed a memorandum of understanding with Gurīn Energy to acquire an equity interest in the 216 MW Jindo Green Solar project and purchase its renewable electricity through a long-term power purchase agreement. The project, located on Jindo Island in the Jeonnam-Gwangju Integrated Special City, will support NAVER's AI and cloud infrastructure, including its GAK Sejong and GAK Chuncheon data centres. Gurīn Energy will retain responsibility for the project's development and day-to-day management. The agreement reflects NAVER's commitment to a stable renewable energy supply for its digital infrastructure and its 2040 Carbon Negative goal.

Counterparties

Source article

📈 The Sherpa Signal — one notable infrastructure deal a day.

📘 Sherpa Guides — practitioner guides to developing, financing and acquiring infrastructure.