Jaewon Energy Co.,Ltd. announced a private placement of 600,000 shares at a price of KRW 5,000 per share for the gross proceeds of KRW 3,000,000,000 from Daehan Green Power Corporation (KOSDAQ:A060900) on October 28, 2020. The company raised the funding through paid-in capital increase method. The transaction has been approved by the board of directors of the company.