LX International Buys Biomass Power Plant Operator in Renewable Energy Push

SEOUL, April 19 (Korea Bizwire) — LX International Corp., the trading arm of South Korea’s LX Group, said Tuesday it has bought a major stake in a local biomass power plant operator as it pushes to expand its renewable energy business. LX International will take over a 63.3 percent stake in Poseung Green Power Co., [...]