GnCenergy (KOSDAQ:119850) secured a contract for the Paju center phase two generator from LG Uplus (KRX:032640).
The contract, valued at 38.2 billion won, is valid until March 31, 2028, the South Korean emergency power generation company said in a filing with the Korea Exchange on Wednesday.
Shares of GnCenergy rose nearly 9% at market close, while those of LG Uplus fell over 1%.