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POSCO E&C functions as a comprehensive provider of smart construction solutions, actively engaged in urban development, industrial construction, and critical infrastructure projects. The company leverages its expertise in engineering, procurement, and construction (EPC) to deliver sophisticated plant facilities, transportation networks, and modern building complexes, including a focus on sustainable and zero-energy structures. This encompasses advanced energy solutions like small modular reactors and offshore wind power facilities, demonstrating a broad technical approach to complex builds.
The company was formally established in 1994, emerging from the strategic merger of Geoyang Development, POSCO Engineering, and Pohang Steel Construction and Engineering. This consolidation aimed to integrate specialized capabilities and expand the scope of construction and engineering services under a unified entity, capitalizing on the collective strengths of its predecessors within the broader POSCO Group. This foundational move positioned the company as a significant player in diverse construction sectors.
POSCO E&C serves a wide array of clients, including private developers, industrial corporations, and governmental bodies, fulfilling their needs for advanced construction and infrastructure. The company’s long-term vision centers on challenging conventional industry limits, striving to construct an eco-friendly future society through innovative approaches and sustainable development practices. It aims to remain at the forefront of urban and industrial transformation, contributing to progress through resilient and environmentally conscious projects.
POSCO E&C has 1 tracked investment across 1 company. The latest tracked deal is $111.0M Series B in Hysata in May 2024.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| May 9, 2024 | Hysata | $111.0M Series B | Anastasia Vaia, Alfred Wong | Bluescopex, Hostplus, IMM Investment, Oman Investment Authority, Posco Holdings, Shinhan Financial Group, Telstrasuper, Twin Towers Ventures, Vestas Ventures, Virescent Ventures |