Establishment of the Hana Growth Infrastructure Fund
Joint Investment Including 400 Billion Won from Hana Bank and 50 Billion Won from Hana Securities

Hana Financial Group announced on March 16 that it has established the 'Hana Growth Infrastructure Fund' with a scale of approximately 500 billion won, aiming to concentrate investments in future core industries such as renewable energy and artificial intelligence (AI).

Hana Financial Group Myeongdong Building Exterior View.

Hana Financial Group Myeongdong Building Exterior View.

View original image

This fund will be created entirely with capital from Hana Financial Group's major affiliates. Hana Bank will contribute 400 billion won, Hana Securities 50 billion won, Hana Life 20 billion won, Hana Capital 17 billion won, Hana Insurance 10 billion won, and Hana Alternative Investments 3 billion won respectively as joint investors.


The main investment targets are divided into two pillars: renewable energy, and AI & digital infrastructure, both considered future growth drivers and national priorities. Specifically, the fund plans to focus investments in infrastructure businesses such as renewable energy and hydrogen projects, energy storage systems (ESS), and environmental facilities, as well as digital infrastructure businesses such as AI data centers and AI computing centers.


The primary investment target in the renewable energy sector is the 'Wando Geumil Offshore Wind Power Project.' This is Korea's largest eco-friendly energy project, in which the electricity produced at the wind farm will be used as power infrastructure for advanced industries in the Honam region, including national AI data centers. In the AI and digital infrastructure sector, investments are planned for the large-scale AI data center development projects, specifically the 'Bucheon Samjeong-dong AI Hub Center' and the 'Incheon Guwol-dong AI Hub Center.'


The 'Hana Growth Infrastructure Fund' is characterized by its active participation in projects from the early development stage, going beyond simple equity investments. Although development-stage projects involve risk, Hana Financial Group aims to drive real economic growth by providing a catalyst for productive finance and to secure high-quality assets through early, preemptive investment. It also expects to gain advisory and financial arrangement rights at times when large-scale financing is needed in the future.


A representative from Hana Financial Group's Productive Finance Support Team stated, "Hana Financial Group will continue to make unwavering investments in innovative growth sectors such as renewable energy and AI infrastructure."



Meanwhile, at the end of January, Hana Financial Group finalized this year's supply target at 17.8 trillion won, an increase of 1.6 trillion won from the original plan, through the Group's Productive Finance Council.


This content was produced with the assistance of AI translation services.

© The Asia Business Daily(www.asiae.co.kr). All rights reserved.

Today’s Briefing