Article

SK Innovation has sold a portion of its stake in TerraPower to Korea Hydro & Nuclear Power (KHNP), marking KHNP's first investment in a global small modular reactor (SMR) developer. The companies plan to collaborate on SMR construction in the U.S. and internationally, with TerraPower's first commercial SMR plant in Wyoming expected to be completed by 2030. Meta is also involved, aiming to fund two reactors by 2032 and securing energy purchase rights for six additional reactors by 2035.