KKR to invest KRW 3.08 trillion for 29% stake in SK Telecom’s SK Horizon AI data center unit
KKR•
KKR•The transaction supports SK Horizon’s AI data center infrastructure expansion, including a targeted 318 MW total capacity.
SK Telecom agreed to a combined KRW 3.08 trillion equity investment in its new AI data center unit, SK Horizon.
KKR will invest via its Asia Pacific infrastructure strategy, targeting a 29% stake once all phases close. The IMM Investment-Stonebridge consortium will take 20%, leaving SK Telecom with 51% and management control.