GNC Energy wins ₩75.5B generator supply contract with KT Corp for Gunsan data centre
supply_contract · spotted Aug 3, 2026, 2:13 PM KST
- GNC Energy (지엔씨에너지) has entered a supply contract with KT Corporation (주식회사 케이티) valued at ₩75.5B (excluding VAT) for generators destined for the SGC AI Infra Gunsan data centre.
- The contract runs from 31 July 2026 to 31 December 2027, representing 28.75% of GNC Energy's most recent annual consolidated revenue (based on the 2025 year-end financial statements).
- Payment is structured as: 5% deposit, four interim instalments of 15%, 20%, 30%, and 20%, and a final balance of 10%; contract terms are subject to change as the project progresses.
At 28.75% of annual consolidated revenue, this single contract materially increases GNC Energy's order backlog and revenue visibility through end-2027.
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