Enec and Kepco create commercial subsidiary Barakah One

Enec and Kepco create commercial subsidiary Barakah One
The Emirates Nuclear Energy Corporation and the Korea Electric Power Corporation have today signed a joint venture agreement for "long-term partnership and cooperation in the UAE's peaceful nuclear energy program". The two companies also announced establishment of Barakah One PJSC, an independent subsidiary they jointly own, which will "represent the commercial and financial interests" of the Barakah project. http://www.world-nuclear-news.org/C-Enec-and-Kepco-create-commercial-subsidiary-Barakah-One-20101601.html