Gate News message, April 15 — South Korean internet company Naver issued $1.09 billion in green bonds (bonds earmarked for environmental projects) today, comprising $500 million in five-year dollar bonds and €500 million ($588 million) in seven-year euro bonds. The funds will support eco-friendly data centers and ESG initiatives aimed at enhancing energy efficiency. Orders exceeded nine times the issue size from 437 investors, marking Naver’s first euro-denominated bond.
Naver plans to invest over 1 trillion won ($680 million) in GPUs starting this year and is exploring AI data center projects in Europe. The company targets carbon neutrality by 2040, a decade ahead of South Korea’s national goal, though it expects greenhouse gas emissions to rise in the near term as data center capacity expands.
The bond sale supports South Korea’s national strategy to rank among the top three global AI powers by 2030, which calls for deploying 260,000 GPUs. Naver’s GAK Chuncheon data center holds LEED Platinum certification and operates the custom NAMU cooling system, reducing artificial cooling to about 35 days per year. The company invested 473.2 billion won ($322 million) in servers and equipment for its GAK Sejong expansion in Q4.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Willy Woo: Bitcoin Price Action Mirrors Nasdaq, May Need Decade to Gain Recognition as Safe Haven
Gate News message, April 24 — Crypto analyst Willy Woo stated that while most Bitcoin holders view BTC as a safe-haven asset, the reality is more nuanced. Bitcoin does possess safe-haven characteristics—for instance, it enables cross-border asset transfers via seed phrases during wartime and
GateNews7m ago
Strive's SATA Stock Purchases 69 BTC After Hitting $100 Face Value
Gate News message, April 24 — According to ChainCatcher, Strive's SATA stock purchased approximately 69 BTC yesterday (April 23) after reaching a $100 face value.
Over the past two days, SATA has accumulated a total of 137 BTC.
GateNews12m ago
Trump-Backed Plan to Make Quarterly Earnings Reports Optional Faces Market Resistance
Gate News message, April 24 — The Trump administration's plan to allow U.S. companies to shift from quarterly to semi-annual earnings reports is moving forward, with the SEC expected to soon seek public comment on a proposal to eliminate mandatory quarterly filings. However, investors and market
GateNews23m ago
SpaceX Adopts Texas Anti-Takeover Protections Ahead of Potential $1.75T IPO
Gate News message, April 24 — SpaceX is implementing Texas anti-takeover protections to defend against hostile bidders and activist investors before a planned IPO that could value the company at approximately $1.75 trillion this summer, according to a regulatory filing released Thursday.
The compan
GateNews34m ago
Canada Cuts Trading Fee Cap to CAD $0.0017 for Inter-Listed Securities
The Canadian Securities Administrators has adopted final amendments to trading fee caps, lowering the maximum fee charged by marketplaces for executing trades in inter-listed equities, according to the CSA announcement. The changes apply to securities priced at CAD $1.00 or more that are listed on b
CryptoFrontier54m ago
Luo Weiren became Intel’s biggest hero for reversing the yield turnaround? What threats could talent leaving TSMC bring to Taiwan?
Intel’s 2026 Q1 earnings beat expectations, with Chen Liwu’s reforms and U.S. government resources, as well as subsidies under the CHIPS Act, cited as the biggest drivers. Lo Wei-jen was accused of taking away advanced process secrets, becoming an outside focal point around Intel’s turnaround in yields. The case exposes the national-security risks to Taiwan’s high-tech talent brain drain; past incidents involving Liang Meng-song and others only further highlight the long-term impact of core technology leaks on national competitiveness. The government and industry must find a balance among talent retention, confidentiality, and national strategy.
ChainNewsAbmedia59m ago
