Michele Kearney's Nuclear Wire

Major Energy and Environmental News and Commentary affecting the Nuclear Industry.

Thursday, October 7, 2010

South Korea Plans to Lend $10 Billion for U.A.E. Nuclear Plants

U.A.E. nuclear project may get $10B loan from South Korea
Korea Electric Power may secure a $10 billion loan from Export-Import Bank of Korea for the construction of four 1,400-megawatt nuclear facilities in the United Arab Emirates, said Heung-Sik Min, the bank's main representative in Dubai. "The U.A.E. nuclear project will be the bank's first for such a huge amount," he said during an interview. Bloomberg
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