Westinghouse Electric Company and Hyundai Engineering & Construction (E&C) signed strategic cooperation agreement to jointly participate in global AP1000(R) plant opportunities. The strategic cooperation agreement enables Hyundai E&C to have an opportunity to demonstrate exceptional engineering, procurement and construction capabilities applied to Westinghouse's AP1000 plant. Also, Hyundai's presence in the green energy sector is expected to grow by jointly participating in the global conventional nuclear power plant projects led by Westinghouse.

The AP1000 reactor offers the higher operability within the nuclear industry and continues to set industry records in the ease and duration of commissioning and refueling outages, as well as outstanding availability factors. Additionally, the AP1000 plant has unique, fully passive safety features making it the safer nuclear reactor in the world. This advanced Generation III+ technology is the result of over 60 years of Westinghouse's successful design and operation of nuclear power plants.