# Kepco named preferred bidder to acquire NuGen

Korea Electric Power Company has been named as the preferred bidder to acquire 100% of NuGeneration, the UK nuclear power development company owned by Toshiba. Target closing is early 2018.

- Type: Acquisition
- Announced: 2017-12-07
- Where: West Cumbria, England, United Kingdom
- Status: announced
- Capacity: up to 3.8 GWe
- Products: nuclear power plant, AP1000 nuclear reactor
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [Toshiba](https://endata.com/companies/8893.md) (target)
- [Korea Electric Power Corp](https://endata.com/companies/15864.md) (acquirer)
- [NuGeneration](https://endata.com/companies/28648.md) (target)

## Sources

- [world-nuclear-news.org](https://world-nuclear-news.org/articles/kepco-named-preferred-bidder-for-uk-s-nugen), 2017-12-07: "Kepco has been named as the preferred bidder to acquire 100% of the shares in NuGeneration, the UK nuclear power development company owned by Toshiba."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.