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End-of-day quote
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5-day change | 1st Jan Change | ||
| 107,500 KRW | -2.27% |
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+1.22% | -23.38% |
| Apr. 25 | SK Innovation Unit Sells Oil Block Stake in Peru for 350 Billion Won | MT |
| Apr. 24 | South Korean shares gain 2% as chip, battery stocks rally | RE |
SEOUL (Reuters) - South Korea's SK Inc said on Monday it and an affiliate invested $250 million in TerraPower, a U.S. venture founded by billionaire Bill Gates that develops small-sized nuclear power reactors, called small modular reactors.
SK Inc, the holding company of South Korea's second-largest conglomerate SK Group, said it made the investment with affiliate SK Innovation as part of a total $750 million fundraising round co-led by Gates.
The investment in small modular reactors, which SK said is a competitive carbon-free energy source, goes toward SK Group's pledge in 2021 to reduce 200 million tons of carbon emissions by 2030, SK said in a statement.
(Reporting by Joyce Lee; editing by Jason Neely)
| 1st Jan change | Capi. | |
|---|---|---|
| -23.38% | 7.3B | |
| +13.09% | 223B | |
| +12.90% | 108B | |
| +18.09% | 103B | |
| +34.48% | 71.89B | |
| +18.10% | 66.79B | |
| +28.56% | 55.06B | |
| +28.99% | 38.08B | |
| +32.65% | 28.14B | |
| -10.78% | 21.04B |
SK INNOVATION CO., LTD. 
