Korea Southern Power Company

Korea Southern Power Co., Ltd. (KOSPO) specializes in the power generation industry, which was formed under the South Korean government’s Power Industry Restructuring Act on April 2, 2001, when it was separated from Korea Electric Power Corporation (“KEPCO”). KOSPO is currently running ~9.6% (11,343 MW) of Korea’s total installed capacity in seven core areas throughout the country including Shincheon, Busan, and Namjeju contributing to a stable power supply in the domestic market. KOSPO is one of the most reliable electricity providers in the Korean market with availability at over 91% and a Forced Outage Ratio near 0%.

In FY 2017 KOSPO had sales of $4.5 billion, assets of $9.4 billion, energy capacity of 11,343 MW, and 2,184 employees. KOSPO also maintains a high credit rating of Aa2 from Moody’s and AA from Standard & Poor’s. KOSPO has been a leader in new technology winning the IEE Edison Award in 2015, which is the Nobel Prize in Electricity Area