{"id":514325,"date":"2022-08-16T12:08:01","date_gmt":"2022-08-16T06:38:01","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=514325"},"modified":"2022-08-16T12:08:01","modified_gmt":"2022-08-16T06:38:01","slug":"bill-gates-backed-terrapower-raises-750-million-for-cheaper-nuclear-reactors","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/bill-gates-backed-terrapower-raises-750-million-for-cheaper-nuclear-reactors\/","title":{"rendered":"Bill Gates-backed TerraPower raises $750 million for cheaper nuclear reactors"},"content":{"rendered":"<p>Bill Gates-backed TerraPower LLC raised at least $750 million to advance efforts to develop smallscale nuclear reactors, including a major investment from South Korean conglomerate SK Group.<\/p>\n<p>SK will invest $250 million to add a stake in the technology developer, which aims to commercialize smaller and cheaper designs than conventional nuclear plants, the companies said Monday. \u201cNuclear will become a vital part of our energy transition,\u201d Kim Moohwan, executive vice president of a green investment center at SK Inc., the holding company, said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bill Gates-backed TerraPower LLC raised at least $750 million to advance efforts to develop smallscale nuclear reactors, including a major investment from South Korean conglomerate SK Group. SK will invest $250 million to add a stake in the technology developer, which aims to commercialize smaller and cheaper designs than conventional nuclear plants, the companies said Monday. \u201cNuclear will become a vital part of our energy transition,\u201d Kim Moohwan, executive vice president of a green investment center at SK Inc., the holding company, said.<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,239,136],"tags":[],"class_list":["post-514325","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-power-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/514325","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=514325"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/514325\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=514325"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=514325"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=514325"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}