Ingka Investments, the IKEA store owner, plans renewable energy investments in South Korea and Japan's offshore wind markets.

Ingka Investments, the IKEA store owner, is exploring its first renewable energy investments in South Korea and Japan. The company plans to focus on the offshore wind market in both countries due to high land costs. Ingka has allocated 7.5 billion euros for investments in renewable energy by 2030 and has already invested in Norway's first commercial offshore wind farm auction.

April 05, 2024
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