13 May 2024
KEPCO to sell assets, axe headcount to shore up balance sheet debt
Publication date: 09 November 2023
Gas Strategies Group
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ISSN: 0964-8496
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Korea Electric Power Corporation (KEPCO) will downsize its workforce and sell more assets out of “desperation” to pay down a multibillion-dollar debt pile that accrued after coal and LNG prices soared in the wake of the Russia’s war on Ukraine...
Editorial credit: Ki young / Shutterstock.com