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South Korea’s SK ties up with Bill Gates’ TerraPower for nuclear power opportunities – Metro US

South Korea’s SK ties up with Bill Gates’ TerraPower for nuclear power opportunities

Employees of SK Hynix walk at the company’s main office
Employees of SK Hynix walk at the company’s main office building in Seoul

SEOUL (Reuters) – South Korea’s SK Inc said on Tuesday it signed an agreement with TerraPower, a U.S. venture founded by billionaire Bill Gates, to tap opportunities in connection with small-sized nuclear power reactors, called small modular reactors.

SK Inc, the holding company for South Korea’s second-largest conglomerate SK Group, said in a statement it signed the agreement along with affiliate SK Innovation Co Ltd.

The statement did not mention any investment details.

(Reporting by Joyce Lee; Editing by Muralikumar Anantharaman)

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