NH Investment & Securities Signs MOU with GS Energy for Rooftop Solar Joint Development

On the 9th, NH Investment & Securities announced that it held a 'Memorandum of Understanding (MOU) Signing Ceremony for Rooftop Solar Power Generation Project for Carbon Neutrality and Energy Transition' at the NH Investment & Securities headquarters in Yeouido Park One Tower 2, with representatives from NH Investment & Securities and GS Energy in attendance.

Provided by NH Investment & Securities

Attendees at the business agreement ceremony included Shin Jae-wook, Head of IB2 Division at NH Investment & Securities, Yoon Young-jin, Head of New Energy Support Office at GS Energy, Yoon Hye-young, Head of Infrastructure Investment Division at NH Investment & Securities, and Kim Ki-chul, Head of New Energy Solutions Team at GS Energy. Notably, through this MOU, they laid the foundation for joint development of rooftop solar power by arranging project financing for a domestic approximately 18MW direct power supply project (PPA, Power Purchase Agreement) promoted by GS Energy’s subsidiary Next Renewables Solution (hereinafter NRS), successfully securing funding on the 6th.

GS Energy announced plans to expand its customer base pursuing carbon neutrality and scale the project up to 100MW by 2026. Shin Jae-wook, Head of IB2 Division at NH Investment & Securities, stated, "Based on the successful arrangement of this project financing, we plan to continue cooperation in rooftop solar development going forward," adding, "NH Investment & Securities will fulfill its role as a financial arranger to ensure successful financial procurement for the project."

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