Korea Electric Power (KEP) news

Mitsubishi Power gets order to supply boilers in Saudi Arabia

Mitsubishi Power has secured a significant contract to supply six M501JAC gas turbines for the Rumah-1 and Al-Nairyah-1 Independent Power Plant (IPP) projects in Saudi Arabia. The turbines, which will be assembled and serviced locally at Mitsubishi Power’s Dammam factory, are expected to deliver a…

IPT: Kepco USD 3Y FRN at SOFR+ 95bps A, 5Y FXD at CT5+ 80bps A

Korea Electric Power Corporation (KEPCO) has issued two new U.S. dollar-denominated bonds as part of its ongoing capital-raising efforts. The first is a 3-year floating rate note (FRN) priced at SOFR plus 95 basis points, with an 'A' rating. The second is a 5-year fixed rate bond priced at CT5 plus…

Moody's Ratings assigns AA2 rating to Korea Electric Power Corp's MTN drawdowns

S. Korea to freeze power, gas prices in 2H: Yonhap

South Korea has announced plans to freeze electricity and gas prices for the remainder of 2026, according to a report by Yonhap. This decision follows a series of rate increases earlier in the year aimed at addressing the financial strain on Korea Electric Power Corp (KEPCO), whose debt has risen…

KEPCO says KHNP arbitration being withdrawn from LCIA

Korea Electric Power Corporation (KEPCO) has announced that the arbitration case involving Korea Hydro & Nuclear Power Co. Ltd. (KHNP) is being withdrawn from the London Court of International Arbitration (LCIA). The dispute, which had previously been under international arbitration, is now…