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KEPCO Faces $1.1 Billion Arbitration Over UAE Nuclear Project

Story Highlights

Korea Electric Power ( (KEP) ) has issued an update.

On May 7, 2025, Korea Hydro & Nuclear Power Co., Ltd. (KHNP), a subsidiary of KEPCO, initiated arbitration at the London Court of International Arbitration seeking a payment of approximately USD 1.1 billion related to an operational support services contract for the UAE nuclear power plant project. This claim represents about 3.8% of KEPCO’s total equity, which was reported as KRW 41,363 billion for the fiscal year 2024. KEPCO plans to defend its case through arbitration counsel, and the outcome could have significant financial implications for the company.

Spark’s Take on KEP Stock

According to Spark, TipRanks’ AI Analyst, KEP is a Neutral.

Korea Electric Power’s stock reflects a moderate recovery with improving financial performance, marked by better profitability and cash flow management in 2024. The high debt levels remain a significant risk, necessitating prudent financial management. Technical indicators show a neutral trend, with no clear momentum direction. Valuation suggests the stock is undervalued, offering potential upside, although the absence of dividends may deter income-focused investors.

To see Spark’s full report on KEP stock, click here.

More about Korea Electric Power

Korea Electric Power Corporation (KEPCO) operates in the energy sector, focusing on the generation, transmission, and distribution of electricity. It is a key player in the South Korean market and has international operations, including involvement in nuclear power projects.

Average Trading Volume: 192,893

Technical Sentiment Signal: Buy

Current Market Cap: $11.8B

See more insights into KEP stock on TipRanks’ Stock Analysis page.

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