GnCenergy Extends KT Cloud Generator Supply Contract by 8 Months, Securing 24.7 Billion KRW in Revenue

GnCenergy filed a correction on June 22, 2026, extending the end date of its generator supply contract with KT Cloud for a data center from June 30, 2026 to February 28, 2027, an 8-month extension.
The contract amount is 24.707 billion KRW excluding VAT, representing 16.6% of the company's 2022 consolidated revenue of 148.5 billion KRW, providing stable revenue base.
KT Cloud, a subsidiary of KT Group, is a highly credible counterparty with low transaction risk; this extension ensures continuous revenue generation in the data center generator segment.
[AI Summary]The contract extension with KT Cloud strengthens GnCenergy's revenue stability without equity dilution. The 24.7 billion KRW confirmed revenue now extends to February 2027, and the partnership with a high-credit counterparty enhances shareholder value.