Korea Electric Power to Advance $18.8B Prepaid Electricity Deal with Samsung, SK Hynix

According to ChainCatcher, Korea Electric Power is negotiating a prepaid electricity fee arrangement with Samsung Electronics and SK Hynix to fund grid expansion for new semiconductor cluster development. Under current terms, Samsung would prepay 20 trillion won while SK Hynix prepays 5 trillion won, totaling 25 trillion won and covering approximately 5 years of electricity costs. The specific details, including final payment amounts and duration, remain under discussion.
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