25-Year Renewable Energy PPA Signed... Contract Value Equivalent to 130% of Revenue, Boosting Long-Term Profitability

SK eternix has signed a direct renewable energy Power Purchase Agreement (PPA) for 100MW with a domestic large corporation affiliate.
The contract spans 25 years from the start date, with a total value of approximately 502.3 billion KRW, equivalent to about 130.25% of the company's 2025 consolidated revenue (385.6 billion KRW).
The agreement is made under the Electric Business Act as a renewable energy electricity supplier; the actual amount may vary based on power supply and accounting standards.
The counterparty is undisclosed until May 28, 2051, for business confidentiality reasons, and terms may be adjusted by mutual agreement.
[AI Comprehensive Analysis]This long-term PPA is a significant positive catalyst, substantially improving SK eternix's future cash flows. The contract value exceeding 130% of revenue provides a stable earnings base for 25 years, though the undisclosed counterparty and possible term adjustments introduce minor uncertainty.