Hyundai Engineering & Construction (KRX:000720) secured a design, procurement, and construction (EPC) contract for the Shinan Ui offshore wind power plant from Shinan Wooi Offshore Wind Power.
The contract, valued at 668.4 billion won, is valid until June 19, 2029, according to a Tuesday filing with the Korea Exchange.
Shares of the company fell nearly 1% in morning trade.