SK Innovation E&S

Venture Capital

SK Innovation E&S is South Korea's largest private energy company, formed in November 2024 through the merger of SK Innovation and SK E&S (originally established as SK-Enron Co., Ltd. in 1999 as a joint venture between SK and Enron). The combined entity operates across LNG, hydrogen, renewable energy, EV batteries, and energy solutions, with a mission to lead the transition to green energy. It is a subsidiary of SK Group (controlled by SK Inc.) and makes strategic investments in energy and clean technology companies globally, including investments in Plug Power and US battery energy storage assets (Key Capture Energy, acquired 2021). Total merger assets valued at approximately 100–110 trillion Korean won (~$75–80B).

Seoul, South Korea · 1+ investments

Growth
Late Stage
Clean Energy
EV Batteries
Energy
Hydrogen
LNG
Renewable Energy
Headquarters
Seoul, South Korea
Founded
1999
Website
skens.com
Total Investment
1
Last Investment
Mar 2025
Geographic Focus
Asia Pacific, Global, South Korea, United States

Investment Thesis

Strategic energy conglomerate investing in clean energy, LNG, hydrogen, and EV battery businesses to build a carbon-neutral energy portfolio and accelerate the transition from fossil fuels to green energy.

SK Innovation E&S is a Venture Capital firm based in Seoul, South Korea. It has made 1 investment in Clean Energy and EV Batteries.

Investment History

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