The company said it entered into a Merger Agreement on March 1, 2026 with Horizon Parent, L.P. and Horizon Merger Sub, Inc., under which Merger Sub will merge with and into the company, with the company continuing as the surviving corporation.

1. 01

   The company said it entered into a Merger Agreement on March 1, 2026 with Horizon Parent, L.P. and Horizon Merger Sub, Inc., under which Merger Sub will merge with and into the company, with the company continuing as the surviving corporation.

2. 02

   The company said the European Commission unconditionally approved the merger on October 15, 2026 under Council Regulation (EC) No. 139/2004.

3. 03

   The company said the New York Public Service Commission issued a declaratory ruling on October 19, 2026 that the merger requires no further review under New York Public Service Law Section 70.

4. 04

   The company said the EU approval and the NYPSC approval are conditions to closing the merger, which remains subject to additional regulatory approvals and other customary closing conditions. It said that upon closing, the company will be jointly owned by investment vehicles affiliated with funds, accounts or other entities owned, managed or advised by Global Infrastructure Management, LLC and the EQT Infrastructure VI fund, as well as other investors.

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AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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