TOKYO -- Toshiba is considering selling an interest in a U.K. nuclear venture to Korea Electric Power Corp., aiming to reduce its involvement in the riskier side of the atomic power business in the wake of massive losses linked to U.S. projects.
The Japanese conglomerate controls 60% of NuGeneration, a joint venture planning to build a nuclear plant in northwestern England. Toshiba has sought to unload part of this stake for some time.