Who's investing ‘black money’ in Samcheok coal power

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

may invest

  • samsung

    may invest

  • hanwha

    will not invest

  • KB asset

    will not invest

  • mirae

    may invest

  • heungkuk

    will not invest

  • shinhan bnp paribas

    will not invest

  • kyobo axa investment management

    will not invest

  • kiwoom

    will not invest

  • NH amundi

    will not invest

  • korea investment management

    may invest

  • woori asset investment

    will not invest

  • DWS

    will not invest

  • hyundai investment

    will not invest

  • DB

    will not invest

  • yurie

    will not invest

  • woori global

    will not invest

  • eastspring

    may invest

  • eugene

    will not invest

  • bnk

    will not invest

  • KTB

    will not invest

  • hana UBS

    may invest

  • barings

    may invest

  • daishin

    will not invest

  • DGB

    will not invest

  • JB

    may invest

  • IBK

    will not invest

  • multi

    may invest

  • VI

    will not invest

  • MIDAS ASSET

    may invest

  • TRUSTON

    will not invest

Last updated on March 29, 2021.

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.