South Korea’s SK Group will join Corio Generation and TotalEnergies with a stake in a 2GW-plus offshore wind portfolio that includes one of the world’s largest planned floating developments, the three companies announced.

SK ecoplant – the EPC and green energy focused unit of the conglomerate giant – will subject to regulatory approvals take an undisclosed share in the BadaEnergy portfolio of projects that span five fixed-bottom and floating developments off Ulsan and South Jeolla.

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Corio Generation, the dedicated offshore wind unit of global finance giant Macquarie, and French oil & gas supermajor TotalEnergies have been working on the BadaEnergy projects since first forging a South Korean wind alliance in late 2020.