Sk Invests In Bill Gates' Terrapower To Accelerate Transition To Net Zero
PRIVATEAug 15, 2022
Round Type
Funding Round
BellevueBiotechnologyEnergy
Description
SK Inc. and SK Innovation (collectively, "SK") invested in a next-generation small modular reactor (SMR) developer, stepping up their efforts to reduce global carbon emissions. The investment is likely to provide a boost to SK Group's strategy for the early achievement of net-zero emissions as well as group-wide efforts to build a green energy portfolio in an initiative proposed by SK Group Chairman Chey Tae-won.
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Company Information
Company
TerraPower
Location
15800 Northrup Way
Bellevue, Washington, United States
About
TerraPower is a leading nuclear innovation company that strives to improve the world through nuclear energy and science. TerraPower’s innovators create technologies to provide safe, affordable and abundant carbon-free energy. They devise ways to use heat and electricity to drive economic growth while decarbonizing industry. And they develop processes to extract radioisotopes for medical use in lifesaving cancer treatments.
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BellevueBiotechnologyEnergy