Korea District Heating Corp. Raises USD 44 Million in Private Placement of 1.907% Bonds Due 2022

Korea District Heating Corp is a Korea-based company mainly engaged in the supply of electricity. The Company directly sells power generated through new and renewable energy such as cogeneration plants and solar power to users in the power market or district heating supply area. The Company also supplies heat or heat and electricity, such as cogeneration plants, heat-only boilers, and resource recovery facilities, to users in residential, commercial or industrial complexes. In addition, the Company produces and supplies heat or heat and electricity using new and renewable energy and unused energy such as photovoltaic, solar, wind, biomass, incineration heat, landfill gas, waste heat, sewage heat, and waste. The Company also engages in monitoring, diagnosis and inspection business and call center operation business of heat transfer pipe facilities, and facility maintenance business such as security, security and cleaning of business facilities.