Korea Joongang Daily
Korea JoongAng Daily

KHNP to invest $40 million in Bill Gates' TerraPower

The board of Korea Hydro & Nuclear Power (KHNP) has conditionally approved the state-run company's decision to invest $40 million in TerraPower, a U.S. small modular reactor (SMR) company founded by Bill Gates.

2024-09-06

$5.9 billion of investment announced during Yoon's visit

U.S. companies committed $5.9 billion of investment to Korea during President Yoon Suk Yeol’s state visit.

2023-04-26

KSOE invests ￦42.5 billion in nuclear reactor firm TerraPower

Korea Shipbuilding & Offshore Engineering (KSOE) signed a 42.5 billion won ($30 million) investment agreement with TerraPower, a nuclear innovation company focused on small modular reactors (SMR) established by Bill Gates.

2022-11-04

SK Inc. and SK Innovation invest $250 million in TerraPower

SK Inc. and 33.4-percent-owned SK Innovation have invested $250 million into TerraPower, a Bellevue, Washington company that develops nuclear reactors.

2022-08-15

SK Inc. and SK Innovation sign an MOU with TerraPower

SK Inc. signed an agreement with TerraPower, a U.S. start-up co-founded by Bill Gates, to jointly conduct the projects based on small modular reactors (SMRs), a new breed of nuclear power reactor.

2022-05-17