Hana Financial said Monday it will form the Hana Modu Growth Infrastructure Fund to expand the flow of private capital into what it called “productive finance.”
The fund will be financed entirely by Hana Financial Group affiliates. Hana Bank will contribute 400 billion won, joined by Hana Securities with 50 billion won, Hana Life Insurance with 20 billion won, Hana Capital with 17 billion won, Hana Insurance with 10 billion won, and Hana Alternative Investment Management with 3 billion won.
Key targets are renewable energy projects and AI and digital infrastructure, which the group described as national priorities.
In renewables, the fund will invest in the Wando Geumil offshore wind power project, described as the country’s largest. Electricity generated there is to be used for national AI data centers and power infrastructure for advanced industries in the Honam region.
In AI and digital infrastructure, it will invest in large-scale data center development projects including the Bucheon Samjeong-dong AI Hub Center and the Incheon Guwol-dong AI Hub Center.
Hana Financial said it plans to take an active role in early-stage development. It aims to secure high-quality assets early and later provide financial advisory and arranging services when large-scale funding is needed, to improve returns.
In January, Hana Financial said through its “group productive finance council” that it would expand productive finance supply to 17.8 trillion won by 2026.
A Hana Financial Group official said the fund is intended to be a core example of productive finance by supplying capital to the real economy, adding that the group will continue to expand investment in innovation-driven growth areas.
* This article has been translated by AI.
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