Macquarie Korea Infrastructure Fund

Gwangju Second Beltway Section 1
Sorabol City Gas Co., Ltd.

Assets

Seorabeol City Gas Co., Ltd.

Exclusive city gas retail distributor in two regions in Gyeongsangbuk-do, Korea

Asset overview

Established in 2000, Seorabeol City Gas Co., Ltd. (“SRB”) is the exclusive city gas retail distributor in two regions in Gyeongsangbuk-do in Korea.


Investment details

MKIF, through Bomun Clean Energy Ltd. (“BCE”) as its investment vehicle, has invested in SRB. As of the record date, MKIF is a 100% shareholder of SRB through BCE, and MKIF’s total investment amount is KRW 87.1 billion (equity KRW 8.7 billion and shareholder loan KRW 78.4 billion). 

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Business overview 
Asset companySeorabeol City Gas Co., Ltd.
Establishment2000
Operation periodGoing-concern
BusinessDistribution & sale of city gas and associated products
Distribution area2 regions in Gyeongsangbuk-do (Gyeongju-siand Yeongcheon-si)
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Capacity 
Pipeline length*Total 642km
No. of users*144,229
Amount of gas distributed*113 million m3

*Pipeline length as at end of June 2025, and no. of users and amount of gas distributed are during 1H 2025


Asset location