KEPCO selected as preferred bidder for Moorside project
South Korean energy giant KEPCO has announced it is the preferred bidder to buy NuGen from Toshiba.
Toshiba
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Toshiba to take ownership of Moorside nuclear company
The troubled Japanese giant has been forced to buy the remaining stake in NuGen, the group behind the huge Cumbrian nuclear project.
Toshiba nuclear company files for bankruptcy
The news could have major implications for the Moorside development in Cumbria.