South Korea is in the final stages of negotiating a major energy investment in the United States worth more than $100 billion, a deal that would mark the first concrete outcome of the sweeping trade agreement the two countries struck…
South Korea is finalizing a deal worth over $100 billion to build up to eight nuclear reactors and a $20 billion gas plant in Texas, according to The Wall Street Journal.wsj+1
The first reactors would use Westinghouse Electric's AP1000 design, with later units potentially using KEPCO's APR1400; an announcement could come as early as next week.qz+1
The energy investments are the first concrete result of last October's U.S.-South Korea trade deal, under which Seoul pledged $350 billion in American manufacturing investments.qz+1