SK ecoplant

What SK ecoplant does

SK ecoplant Co., Ltd. (에스케이에코플랜트 주식회사) is a Seoul-headquartered SK Group construction engineering and infrastructure company that has pivoted from its heritage as SK Construction into an AI Infrastructure Solution Provider. The company operates four core segments: Hi-tech (semiconductor fab construction including the Yongin Semiconductor Cluster targeting 2027 and SK hynix HBM packaging facilities); AI Solution (hyperscale AI data center EPC and operations, including the AWS-collaborated Ulsan facility targeting 60,000 GPUs and SK Telecom's 1GW-class AI Native buildout with OpenAI); Gas & Material (industrial gases via SK Air Plus and semiconductor materials through SK Ecoplant Materials integrating SK Tricem, SK Rezohnac, SK Materials JC, and SK Materials Performance); and Asset Lifecycle (global IT asset disposition and semiconductor recycling via SK tes). The company is 71.2% controlled by SK Inc. as of April 2026, following a 400 billion won follow-on investment.

Name

SK ecoplant

Legal name

SK ecoplant Co., Ltd. (에스케이에코플랜트 주식회사)

Website

https://skecoplant.com

Company type

Private

Founded year

2021

Operating status

Operating

Headcount range

5,001–10,000 employees

Ownership category

akta.pro rank

Product category

Semiconductor & AI Infrastructure Construction

NAICS

Automatic Environmental Control Manufacturing for Residential, Commercial, and Appliance Use (334512), Instruments and Related Products Manufacturing for Measuring, Displaying, and Controlling Industrial Process Variables (334513)

SIC

Auto Controls For Regulating Residential & Comml Environments (3822), Air-Cond & Warm Air Heatg Equip & Comm & Indl Refrig Equip (3585)

akta.pro primary industry

Building Automation & Controls (BAS/BMS) (HSAPAPAA)

akta.pro secondary industries

IT Asset Lifecycle Services (Procure-to-Retire) (BPAEAOAF), Capacity Planning & Asset Lifecycle Management (HDABANAE)

Keywords

• Semiconductor infrastructure EPC
• AI data center construction
• Industrial gas supply
• Semiconductor materials production
• IT asset lifecycle management

Headquarters

HQ city

Seoul

HQ country

South Korea

HQ region

Asia

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Supply Chain, Personnel, Technology or R&D, Operations, Infrastructure, Marketing or Sales

Revenue model

1. Hi-tech EPC (Engineering, Procurement, Construction): Provides complete semiconductor production infrastructure solutions across project lifecycle including design, procurement, and construction of advanced semiconductor fabs and AI data center facilities. Revenue recognized from large-scale infrastructure projects, both domestic and international (e.g., Norway PPP highway, Ulsan AI data center).
2. Gas & Material Supply: Production and supply of industrial gases (nitrogen, oxygen, argon) for semiconductor manufacturing, as well as advanced semiconductor materials including photoresist, etch gases, precursors, and deposition materials through subsidiaries SK Tricem, SK Rezohnac, SK Materials JCNC, and SK Materials Performance. Provides recurring material supply revenue.
3. Asset Lifecycle Management: Global IT lifecycle management services (via SK tes) including IT asset disposition and recycling, and semiconductor recycling. Also includes industrial water reuse solutions using CSRO technology. Revenue from ongoing service contracts and per-transaction processing fees.
4. Renewable Energy Operations: SK ecoplant operates renewable energy assets (solar, wind) which are being consolidated into a joint venture with KKR. Prior to consolidation, these operations generated revenue from power generation. The restructuring transfers these assets to a 50-50 JV with KKR as part of SK Group's portfolio optimization.
5. Real Estate Development: Residential development projects including the Deopine Artia condominium brand and the Pangyo SK VIEW Terrace project, generating one-time revenue from property sales.

Pricing tiers

Go-to-market motion2 records

Distribution channels5 records

Marketing channels6 records

Core offering

SK ecoplant is an AI infrastructure solution provider delivering end-to-end semiconductor and AI data center construction services through four core business segments: Hi-tech (semiconductor fab EPC), AI Solution (AI data center EPC and operations), Gas & Material (industrial gases and semiconductor materials), and Asset Lifecycle (global IT asset management and recycling). The company serves semiconductor manufacturers, hyperscale data center operators, and SK Group affiliates with integrated construction, materials supply, and lifecycle management services.

Product overview

SK ecoplant operates as a comprehensive AI infrastructure solution provider with four core business segments: Hi-tech (semiconductor infrastructure), AI Solution (data center EPC and operations), Gas & Material (industrial gases and semiconductor materials), and Asset Lifecycle (IT lifecycle management). The company provides end-to-end solutions from semiconductor FAB construction to AI data center development, combining infrastructure expertise with materials supply through its subsidiaries. Key offerings include Yongin Semiconductor Cluster development, CSRO water reuse technology achieving 97% recovery rates, and industrial gas production for semiconductor manufacturing. The company serves both B2B (infrastructure, materials) and B2C (KLEVV consumer brand) markets through subsidiaries including SK ecoengineering, SK Oceanplant, SK tes, Essencore, and SK ecoplant Materials.

Differentiator

Problem solved

Functional benefit

Brands

• KLEVV: B2C consumer brand operated by subsidiary Essencore for memory and storage products
• SK View
• CE100 (Circular Economy 100)
• CSRO (Circle-Sequence Reverse Osmosis)
• WITHUS

Products and services

• Hi-tech Semiconductor Infrastructure EPC

Quantifiable outcome

• CSRO technology achieves 97% water recovery rate vs. conventional 75%, with over 10% power savings and 20% chemical usage reduction
• +3 more outcomes

Named customers5 records

Segments4 records

Ideal customer profiles3 records

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability7 records

Feature4 records

Partnerships

Ten partnerships are on record, tiered minor and core.

• Hosea UniversityminorStrategic or Co-development Partner · 17 March 2026SK ecoplant co-signed an MOU with Hosea University, KAIST, Chungcheongnam-do, Seoul Creative Economy Innovation Center, Korea Electronics Technology Institute, and SK Securities to build an AI Deep Tech Open Innovation program. The program focuses on AI deep tech technology development, government R&D project participation, technology commercialization, and specialized talent cultivation.
• Seoul Metropolitan Government / Seoul Business AgencyminorStrategic or Co-development Partner · 10 March 2026SK ecoplant participates in Seoul Open Innovation Partners Day alongside 11 other large corporations including Samsung C&T and NAVER Cloud, presenting startup collaboration strategies and investment priorities for 2026 as part of the Seoul Startup Hub Open Innovation program.
• SK TelecomcoreStrategic or Co-development Partner · 1 March 2026SK Telecom's 'AI Native' strategy explicitly partners with SK ecoplant (alongside SK hynix and SK Innovation) for AI data center construction, cooling systems, and energy operations as part of Korea's largest AI data center network buildout targeting 1GW-class hyperscale facilities and Asia's largest AIDC hub.
• OpenAIcoreStrategic or Co-development Partner · 1 March 2026OpenAI is partnering with SK Telecom to build an AI data center in Korea's southwestern region. SK Telecom has formed partnerships with SK hynix, SK Ecoplant, and SK Innovation to execute this vision, leveraging SK ecoplant for infrastructure construction and energy solutions as part of the OpenAI-backed AIDC project.
• Sungkyunkwan UniversityStrategic or Co-development Partner · 1 January 2022Partnership with Sungkyunkwan University since 2022 for the 'Hi-tech Solution Graduate Program' — a Ministry of Education-accredited master's degree program for SK ecoplant and SK ecoplant Engineering employees. Curriculum covers semiconductor fab construction, AI, BIM, and digital twin technologies. Three cohorts have graduated with all students assigned to semiconductor and AI data center business units.
• Bloom EnergycoreChannel Partner/ Reseller/ DistributorBloom Energy extended a distribution agreement with SK ecoplant worth approximately $1.5 billion in product revenue and $3 billion in service revenue over 20 years. SK ecoplant supplies and distributes Bloom Energy's fuel cell systems in Korea and selected international markets, with applications in data center power facilities and industrial power generation.
• KAISTminorStrategic or Co-development PartnerParticipating institution in SK ecoplant's AI Deep Tech Open Innovation program, contributing research capabilities to the multi-institutional collaboration aimed at AI deep tech development and commercialization.
• Red Admiral Data CentresminorStrategic or Co-development PartnerIrish data center developer Red Admiral received approval for a 250MW data center campus and 600-acre solar farm in County Westmeath, Ireland. SK ecoplant supplies fuel cells for the solar farm component of the €1 billion project, representing an international expansion of its fuel cell data center solutions business.
• SK tescoreChannel Partner/ Reseller/ DistributorSK tes is SK ecoplant's subsidiary providing global IT lifecycle management services, including IT asset disposition, hardware recycling, and data security for retired hardware. SK ecoplant highlights SK tes's global network spanning North America, Europe, and Asia as a key component of its Asset Lifecycle business unit.
• Republic of Korea NavyminorOthersSK Oceanplant (a 100% subsidiary of SK ecoplant) built the ROKS Jeju, a 3,600-ton frigate with advanced anti-air and anti-submarine capabilities, as part of South Korea's Ulsan-class Batch-III frigate program. Vessel delivery scheduled for June 2027.

Scale indicators9 records

Recent moves13 records

Expansion highlights6 records

Emerging players

• Doosan Enerbility: Korean power and industrial plant EPC firm pivoting toward data center and hydrogen/energy transition projects. Comparable trajectory as a Korean industrial firm reorienting toward AI data center infrastructure and clean power.

Direct peers

• GS Engineering & Construction: One of Korea's top-tier EPC and construction firms with comparable scale and diversified exposure across plant, civil, and residential projects. Competes with SK ecoplant in domestic construction and increasingly in plant/industrial construction.
• Lotte Engineering & Construction: Korean construction firm within Lotte Group with civil, architectural, and plant construction segments. Comparable domestic scale and direct competition in plant and residential construction markets.
• POSCO E&C: Korean construction arm of POSCO Group, with strong plant and industrial construction capabilities. Comparable in chaebol backing and plant construction capabilities relevant to semiconductor fab and AI data center infrastructure.
• DL E&C: Korean construction and engineering firm with significant plant EPC and residential development exposure. Similar business mix and competitive overlap in plant construction bidding for semiconductor and industrial facilities.
• Hanwha Engineering & Construction: Korean construction major under Hanwha Group with plant, civil, and real estate segments. Competes with SK ecoplant across general construction and increasingly in plant/EPC opportunities tied to semiconductor and energy infrastructure.
• Samsung C&T Corporation: Construction and engineering arm of Samsung Group; builds Samsung Electronics' semiconductor fabs and undertakes large-scale hi-tech EPC. Directly comparable to SK ecoplant in chaebol-backed semiconductor infrastructure construction and conglomerate-led diversification.
• Hyundai Engineering & Construction: Largest Korean construction firm by revenue with broad EPC and real estate portfolio. Comparable scale, business model, and pivot into plant/hi-tech construction that mirrors SK ecoplant's repositioning toward semiconductor and AI infrastructure.

Broad incumbents

• Jacobs Solutions: Global professional services and engineering firm with deep semiconductor facility and advanced manufacturing infrastructure expertise. Comparable in integrated design-build-operate capabilities for high-tech industrial facilities.
• Bechtel Corporation: Largest privately-held global EPC firm with extensive semiconductor fab, data center, and infrastructure construction experience. Represents the international incumbent benchmark SK ecoplant must compete with on global semiconductor and data center bids.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/channel/UC1a3X3NmDwvFfdbd2W3M-uw
• Facebookfacebook.com/SK.ecoplant
• LinkedInlinkedin.com/company/sk-ecoplant
• Instagraminstagram.com/sk.ecoplant
• Xx.com/sk_hse

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Subsidiaries10 records

Funding overview

Funding rounds3 records

Investors3 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A2 records

Investments2 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about SK ecoplant