Korea Electric Power Corporation has been named as the preferred bidder to build a nuclear power plant in northwest England.
The South Korean company will negotiate the acquisition of NuGeneration, a subsidiary of Toshiba that is set to build the Moorside nuclear plant.
KEPCO officials said on Thursday they expect to sign a deal in the first half of 2018, provided that they reach an agreement with Toshiba and win the approval of British authorities.
If successful, the bid would (...)