Investment and TradingComparison with Official Announcements
SGC AI Infrastructure Signs 872 Billion Won Investment Agreement for Gunsan AI Data Center
SGC AI Infrastructure has signed an investment agreement with Jeonbuk Province, Gunsan City, and the Korea Industrial Complex Corporation to build an AI data center in the Gunsan National Industrial Complex No. 2.
VERIFIED FACTS
Key points identified in the original text
01Investment Agreement: 872 billion won
02Gunsan National Industrial Complex No. 2: Approximately 115,000 square meters
03Phase 1: 60 MW; construction scheduled to begin in October 2026; target operation in the first quarter of 2028
04Long-term plan for a total of 300 MW—not current capacity
AI-DC KOREA ANALYSIS
Interpretation and the following points to verify
This agreement is a new signal indicating that the project site, investment plan, and Phase 1 schedule have been disclosed. However, an MOU does not constitute a building permit, groundbreaking, completion of project financing (PF), or completion of power supply. The 60 MW for Phase 1 and the long-term 300 MW are recorded solely as planned capacities, and it has not been disclosed whether these figures are based on power reception capacity, UPS capacity, or IT load. In particular, the comparative data from the April 2026 capital contribution announcement lists Phase 1 as 40 MW, so it must be verified before awarding the contract whether this is due to a design change or a discrepancy in the scope of measurement. The use of deep-sea water cooling and the integration of on-site power generation are based on the operator’s explanation; separate supporting documentation is required for related permits, grid connections, and supply contracts.
PRIMARY EVIDENCE