[Company] Hyundai Engineering & Construction is a final candidate for SMR construction in the UK.

Hyundai Engineering & Construction is the first small module nuclear power plant to be promoted by the British government, making it more likely to participate in the project.

Hyundai Engineering & Construction said it has teamed up with Holtech Britain, the British arm of U.S. Holtech, to be a finalist for four operators to compete in the SMR technology competition bidding program organized by the U.K.'s Atomic Energy Agency.

The U.K. Atomic Energy Agency will finally select two of the four operators as partners by the end of this year and start building two SMRs, Hyundai Engineering & Construction said.