Nuclear Finance

KHNP, Meralco, And South Korea’s Eximbank Sign Cooperation On Philippine Nuclear Projects

By Kamen Kraev
4 March 2026

MoU focus on possible financing for future nuclear power development

KHNP, Meralco, And South Korea’s Eximbank Sign Cooperation On Philippine Nuclear Projects
Officials pose after signing a nuclear power development MOU between Eximbank, Meralco, and KHNP at the Korea–Philippines Business Forum in Manila. From left: Ferdinand Ferrer, Maria Roque, Manuel Pangilinan, Jeon Dae-wook, Hwang Ki-yeon, Kim Jeong-kwan, and Ryu Jin. Image courtesy Korea Economic Association.
South Korea’s Export-Import Bank (Eximbank) has signed a memorandum of understanding with Korea Hydro & Nuclear Power (KHNP) and Philippine electricity company Meralco to cooperate on the possible development of nuclear power plants in the Philippines.

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