SK ecoplant disposed of a portion of its shares in the U.S. Bloom Energy, a fuel cell corporation for power generation, through an after-hours block deal. This move is interpreted as an attempt at profit realization as the protective custody on Bloom Energy's held shares was lifted amid an urgent need to improve its financial structure.

On the 11th, according to the investment banking (IB) industry, SK ecoplant sold its held shares in Bloom Energy at $27.6 per share (approximately 37,910 won) the previous day. This represents a 3.87% discount compared to the previous day's closing price ($28.7), with the total sale amounting to approximately $276 million (about 380 billion won). The transaction was managed by Morgan Stanley.

SK ecoplant invested approximately $566 million in redeemable convertible preferred shares (RCPS) in Bloom Energy in two rounds in 2021 and 2023, securing about 11.6% equity and becoming the largest shareholder. The shares sold this time are from the first purchase in 2021.

SK ecoplant and Bloom Energy established a joint venture, Bloom SK Fuel Cell, in 2020 and have been promoting collaboration in localizing equipment. Subsequently, the two companies entered into a strategic partnership as they intensified their power generation business using hydrogen fuel cells that do not emit carbon.

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