Lotte SK Eneroot Corporation announced a private placement of 2,974,500 shares at an issue price of KRW 5,000 per share for proceeds of KRW 14,872,500,000 on September 13, 2023. The transaction included participation from new investor, SK Gas Co., Ltd.. The transaction has been approved by the board of directors.

The transaction is expected to close on October 27, 2023.