Group seeks to combine solar, wind, energy-storage businesses across affiliates, as AI-driven power demand accelerates SK Group headquarters in central Seoul (Yonhap) SK Group is partnering with US investment firm KKR to combine renewable energy assets across its affiliates into a unified platform, as surging demand from artificial intelligence and data centers boosts the appeal of large-scale clean energy projects.According to industry sources Wednesday, the group is seeking to bring together renewable energy businesses held by SK Innovation, SK Ecoplant and SK Eternix, with KKR expected to serve as a key investment partner."Renewable energy businesses have been managed separately by each affiliate, and the group is now working to reorganize them," an SK Group official told The Korea Herald.The effort appears to be part of a broader strategy to improve efficiency, attract outside capital and scale up renewable energy operations spanning solar, wind and energy storage systems.As part of the restructuring, SK Innovation has signed a business transfer agreement with KKR covering its renewable energy business."The transaction includes SK Innovation's solar and wind power assets, with a total project pipeline of about 5.5 gigawatts," an SK Innovation official said.The company expects to complete the deal this year following regulatory approvals.The move follows KKR's acquisition of SK Discovery's entire 30.98 percent stake in SK Eternix in March."It was a sale of the stake itself," an SK Discovery official said. "The transaction should be viewed as involving the company as a whole rather than individual assets."The official declined to comment on whether SK Eternix would ultimately become part of a broader integrated renewable energy platform.SK Ecoplant also said discussions were ongoing."We are still reviewing the details internally," an SK Ecoplant official said when asked whether the company's renewable energy assets would be included.An industry source familiar with the matter said the initiative is about more than asset sales."Renewable energy projects require substantial upfront capital, while permitting, grid connections and power purchase agreements take years to secure," he said. "SK appears to be creating a renewable energy platform together with KKR rather than simply divesting assets."The timing comes as soaring electricity demand from AI infrastructure and data centers is boosting interest in renewable energy projects globally. Tech companies are increasingly seeking long-term clean power supplies to support growing computing needs while meeting carbon reduction targets.