SK May Invest in Nuclear Firm Including Bill Gates’ TerraPower

  • South Korean conglomerate reviewing investment in nuclear
  • Small reactors gaining popularity amid de-carbonization push

Bill Gates

Photographer: Hollie Adams/Bloomberg
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South Korean conglomerate SK Group said it’s looking at an investment in a company that designs small-scale nuclear reactors for electricity generation.

The Chosun Ilbo newspaper reported that SK had been in talks with TerraPower LLC, founded by Bill Gates, and would take a 10% stake in the company.