Ark Energy Corp. (Ark Energy), a wholly owned subsidiary of Korea Zinc Company Ltd., will acquire a 100% interest in Epuron Holdings Pty Ltd. (Epuron), a utility-scale wind and solar energy developer in Australia.
Ark Energy will take ownership of 4200 MW of early-stage development projects located across Australia, with a focus on wind and solar sites in Queensland, New South Wales, and Tasmania. In addition, Ark Energy will own and operate 7 MW of fully contracted off-grid solar generation assets in Australia’s northern territory, and own a 50% stake in Fulcrum3D, a renewables technology and data company that provides solutions for monitoring and forecasting renewable energy sources.
