Debut solar energy deal in Korea with GS Group

Our first solar financing in Korea marks an important milestone. It broadens our renewable energy platform beyond offshore wind and reinforces our ambition to be one of the leading international banks for the energy transition in Korea.

Carine GALTIER

Managing Director

“Closing of the Dangjin project confirms CACIB’s leadership in renewable energy in South Korea. This first solar project financing reinforces our credibility in the market, beyond offshore wind. It is fully aligned with our strategy to be the trusted partner of reference for our Clients, both local and international, in the energy transition journey of the country.”

Gerald MASSENET

Senior Country Officer for Korea, Crédit Agricole CIB

“Korea coverage team is delighted to support GS Energy to refinance a 170mw Dangjin solar project in Korea. CACIB as sole FA, MLA, and Green Loan Coordinator closed the transaction, which is the first solar project financing in Korea. CACIB managed the transaction to the successful closing, and this success confirms CACIB’s strong footprint in Korea renewable sector followed by the first offshore wind power project. GS Energy as part of GS Group fully appreciates CACIB’s leadership for the transaction, and this transaction truly enhances our relationship with GS Group.”

Chang Yong Park Senior Banker

Korea, Crédit Agricole CIB