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BP and Corio to invest $1.2bn in South Korea

Richard Heap
November 23, 2023

BP and Corio Generation are planning to invest around $1.2bn in offshore wind projects in South Korea, the Asian country's government has announced.

South Korea's Ministry of Trade, Industry & Energy said yesterday that the pair are planning to develop offshore wind projects totalling 3GW, including the 1.5GW Gray Whale complex. This builds on a clean energy investment partnership between the UK and South Korea.

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