Hana Financial Investment Signs Business Partnership Agreement to Expand Green New Deal Projects

Equis Strengthens Partnership with Genesis PE in Eco-Friendly Renewable Energy Sector
Establishing Itself as a Green New Deal Advocate through ESG-Related Financial Support

(From left) Song Seonghun, CEO of Equus, Lee Jinguk, President of Hana Financial Investment, and Lee Yujai, CEO of Genesis PE, are posing for a commemorative photo.

[Asia Economy Reporter Eunmo Koo] Hana Financial Investment announced on the 9th that it signed a business partnership agreement at its Yeouido headquarters with EQUIS Environmental Korea, a Singapore-based infrastructure investment firm, and Genesis Management (Genesis PE), a domestic and international energy infrastructure and ESG-focused private equity fund (PEF) manager, to expand Green New Deal projects.

Previously, Hana Financial Investment, EQUIS, and Genesis PE jointly invested approximately 300 billion KRW in the largest domestic waste treatment facility in August. Through this business agreement, the three companies plan to strengthen cooperation and proactively secure assets related to ESG investments, including domestic waste projects as well as domestic and international environmental and renewable energy sectors.

Jinkook Lee, CEO of Hana Financial Investment, stated, “We entered into this business partnership agreement to discover investment opportunities aligned with the Korean New Deal policy. Through this partnership, we have secured high-quality investment opportunities in the environmental and renewable energy sectors, and based on this, we will faithfully fulfill our role as a Green New Deal ambassador in the financial sector.”

Yujae Lee, CEO of Genesis PE, said, “This agreement marks an opportunity for the three companies to join hands and become leading firms in ESG-related fields such as the environment. We expect to maximize synergy for the Green New Deal based on each company’s expertise.”

EQUIS is Asia’s largest independent infrastructure private equity fund manager, established in 2010, currently managing assets totaling 2.7 billion USD (approximately 3 trillion KRW). Genesis PE, founded in 2016, is a specialized PEF manager in the energy infrastructure and ESG sectors, managing over 300 billion KRW in assets targeting domestic and North American markets.

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