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SK Multi-Utility supplies electricity, steam, gas and water to industrial users.
Founded in 2021 in South Korea, SK Multi-Utility operates a cogeneration facility in the Ulsan industrial complex. Its infrastructure produces electricity and heat for industrial users and includes gas turbines, steam turbines and heat recovery boilers. In June 2026, Korea Investment Private Equity and STIC Investments acquired a 49% minority stake for approximately KRW 370.96 Billion.
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