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ROOT ENERGY operates an online platform for investing in renewable energy projects.
ROOT ENERGY connects investors with renewable energy projects such as solar plants and wind farms, and also provides plant investment, construction management and operating services. Founded in 2014, the company is based in Seoul, South Korea, and was led by CEO Yoon Tae-hwan as of January 2023. In March 2023, it raised KRW 4.5 billion in Series A funding from Korea Development Bank and Hyundai Marine & Fire Insurance, with returning investors MY Social Company and Lighthouse Combined Investment. It planned to use the funding to develop services, expand its Vietnamese branch and grow its own assets.
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