Company
South Korean construction group reported as selected EPC contractor for up to eight future Natrium reactors, with the agreement including financing guarantees.
Samsung C&T, Hyundai E&C and Doosan Enerbility are weighing a 5% to 10% stake in Westinghouse, the Korea Herald and Seoul Economic Daily reported. Seoul Economic Daily put the cost near $2.8 billion, a price that depends on Westinghouse going public.
Reality
Seoul designated 51 redevelopment zones in the first nine months of this year, against 77 in all of last year, city data show. KCC, Hyundai L&C and LX Hausys are courting the associations, though finishing-material decisions typically come near the start of construction.
Reality
Hyundai E&C says its urban redevelopment orders reached 10.118 trillion won this year. The three construction rights it secured on the 19th account for 1.7574 trillion won of that, spread across Yeouido, Ulsan and Daegu.
Reality
The Chunghunbu job works out to about 370 million won of build cost per home across 3,856 units, and the contract Lotte calls its first in the public market arrives with Hyundai E&C beside it and no disclosed split.
Reality
The August 14 deal names an EPC contractor and adds financing guarantees for up to eight 345MW reactors. Those are the items that decide whether a demo plant becomes a fleet.
Reality