Since last year, the Samcheok coal power plant has been issuing corporate bonds to raise capital for construction (1 trillion won). Although 200 billion KRW has been raised so far, Korea’s last coal power plant can be stopped if financial institutions decide against purchasing the remaining 800 billion KRW.
will not invest
Korea Beyond Coal reached out to the asset managers who work with the top 30 largest asset management companies in the corporate bond market and asked whether they intend to invest in the Samcheok coal power plant.
Their responses as well as the list of financial institutions who voluntarily declared their disinterest are presented above.
"May Invest" includes financial institutions who have failed to provide any response, and the ones that indicated they cannot disclose their investment decisions on a specific project.
The above list will be regularly updated any time a new financial institution announces their intention to halt their investment.