SK Corp to invest tens of billions of shares in US hydrogen firm Monolith
SK Corp., the holding company of SK Group, has decided to invest tens of billions of won worth of shares in Monolith, an American hydrogen company, and plans to sign a contract within this month.
SK is expanding its steps in the field of hydrogen energy, which is attracting attention as a key area for investment in the environment, society and governance (ESG) field.
According to related industries on Tuesday, SK Co., Ltd. is planning to participate as a major strategic investor (SI) in the Monolith funding program being developed by the US local energy company NeXtra. It is known that the specific share ratio and investment amount are being adjusted.
