SK Plug Hyverse Accelerates Deployment of Hydrogen Refueling Business

Wedoany.com News: SK Plug Hyverse recently disclosed through the "Major Shareholder Shareholding Change" announcement that as of December 31, 2025, the company's new shareholder, Korea Liquefied Hydrogen Network Co., Ltd., holds 73,476 ordinary shares, accounting for a 49% shareholding ratio.

It is understood that this equity change originated from the original shareholder Plug Power transferring all its shares to Korea Liquefied Hydrogen Network Co., Ltd.

Relevant information shows that SK Plug Hyverse is a joint venture established in 2022 by SK Innovation (then SK E&S) and Plug Power with a 51:49 equity ratio, aiming to advance hydrogen energy business in Asia.

After its establishment, the company entered the field of infrastructure construction and operation of liquid hydrogen refueling stations in South Korea, operating the country's largest 20 refueling stations by the end of last year.