Natural Gas Distribution
image 5
Location:
Changwon, South Korea
Invested on:
March 2017
Status
Active

Kyungnam Energy

Visit the KNE site

Kyungnam Energy Co., Ltd. (KNE) is the largest independent city gas distribution business in South Korea. The company provides clean and safe natural gas that is distributed to more than 880,000 residential, commercial and industrial customers. Its expansion into new solar and hydrogen investments further reflects a future-focused direction towards cleaner energy.

KNE plays a critical role in South Korea’s transition to net-zero carbon emissions by growing gas usage – the transition energy displacing highly polluting sources such as coal. South Korea is the third-largest consumer of LNG globally and KNE supports the growth in LNG usage. Under Prostar’s ownership, KNE has continued to build its network and customer base with one of the highest gas penetration growth rates in South Korea. It also owns and operates facilities that provide solar generation capacity, generate steam from recycled plastic incineration, and produce biogas from sewage.

Visit the KNE site
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