Hanwha Ocean signs ₩527.9B EPC contract with Yeosu Eco Energy for LNG project

supply_contract · spotted Aug 3, 2026, 5:40 PM KST

• Counterparty Yeosu Eco Energy (여수에코에너지) is a related party (계열회사)
• Contract scope: Engineering, Procurement, Construction for 490 MW LNG district energy project in Yeosu
• Contract value: ₩527.9B, representing 4.1% of Hanwha Ocean's recent consolidated revenue (end-2025)

Related-party supply contract at 4.1% of annual revenue may require disclosure of fairness assessment and creates potential for revenue concentration around a single counterparty over a three-year execution period.

AI-generated summaries of public DART filings. May contain errors — always verify against the original (linked). Not investment advice.