CONCORD NE's subsidiary has entered into an engineering, procurement, and construction agreement with DaeBo Energy Solution Co., Ltd
CONCORD NE announced that it has signed an Engineering, Procurement and Construction (EPC) agreement with DaeBo Energy Solution Co., Ltd., with a total contract price of approximately 29.499 billion Korean Won (about HKD 159 million). The agreement involves services such as design, engineering, procurement, construction, commissioning, debugging, and testing, with the contractor providing services on a turnkey basis. CONCORD NE is headquartered in Singapore and focuses on investment and technical services for wind and solar projects
According to the announcement from Xiehe New Energy (00182), after the trading session on October 31, 2025, each of the owners (the company's wholly-owned subsidiaries) entered into engineering, procurement, and construction agreements with the contractor DaeBo Energy Solution Co., Ltd. Under these agreements, each owner will engage the contractor to undertake the projects at a contract price of approximately 4.214 billion Korean Won (about HKD 22.76 million) per contract, with the total contract price for all such engineering, procurement, and construction agreements amounting to approximately 29.499 billion Korean Won (about HKD 159 million).
The contractor is required to provide services on a turnkey basis, including design, engineering, procurement, construction, commissioning, debugging, and testing for the projects undertaken by each of the owners.
The company is an investment holding company. The group is headquartered in Singapore and primarily engages in investing in wind power and solar energy projects globally, as well as providing professional technical services and comprehensive solutions for wind and solar power generation projects. Each of the owners is a wholly-owned subsidiary of the company, engaged in the development and operation of solar power generation facilities. The contractor mainly engages in engineering, procurement, and construction for electromechanical engineering projects (including photovoltaic projects) in the Republic of Korea
