TORONTO — The Ontario government has announced that Korea Electric Power Corporation Engineering & Construction Company (KEPCO) has opened a new Canadian office in Port Elgin, Ont.
KEPCO is the largest energy engineering company in South Korea, specializing in power plant design and technology, said an Oct. 29 release.
The new Canadian office will provide engineering, procurement and technical support services for the refurbishment of the Bruce Nuclear Generating Station in Bruce County.
The Ontario government and the Korean firm had been in negotiations for almost a year, the statement said, culminating in a meeting involving Ontario Minister of Economic Development, Job Creation and Trade Vic Fedeli and KEPCO president and CEO Bae-Soo Lee during a recent Ontario trade mission to South Korea.
“I am thrilled for the positive economic ripple of the refurbishment project. Bruce Power and the nuclear industry is Ontario’s energy advantage,” said Lisa Thompson, MPP for Huron Bruce, in the release. “Across Bruce County and in my riding, over 50 nuclear supplier companies set up shop, providing a major boost to our local economy, and we are happy to welcome KEPCO as part of that group.”
“The Life-Extension Program underway at Bruce Power continues to be a driving force in our local community,” said Associate Energy Minister Bill Walker.