HOT STOCK: Hyundai E&C uplifted by milestone nuclear energy deal in Texas

By Lee Jung-woo Posted : October 27, 2025, 16:46 Updated : October 27, 2025, 16:46
Hyundai Engineering  Construction Gae-dong Headquarters Courtesy of Hyundai Engineering  Construction
Hyundai Engineering & Construction Gae-dong Headquarters. Courtesy of Hyundai Engineering & Construction
SEOUL, October 27 (AJP) - Hyundai Engineering & Construction rose sharply Monday, touching as high as 71,000 won ($50) before closing at 69,100 won, up nearly 4 percent, as the KOSPI finished at a record high. The rally followed news that the Korean builder will play a key role in front-end engineering design for four large nuclear reactors in Texas, marking a major step toward entering the U.S. nuclear energy market.

The project in Amarillo is part of a vast private power grid and artificial intelligence campus being developed by U.S. energy firm Fermi America. Hyundai’s contract covers site layout planning, cooling system assessments, and budgeting forecasts — work that underscores its deepening expertise and ambition to expand into high-value nuclear infrastructure overseas.

Analysts say the deal could serve as a gateway for Hyundai’s broader participation in the U.S. energy transition and open the door to future construction or supply contracts through 2026. “This engagement reflects Hyundai’s strategic shift toward stable, high-capital energy projects in an evolving global market,” said Lee Joon-hyuk, a Seoul-based energy market strategist.

Jun Jang-moon, senior analyst at KB Securities, described the partnership with Fermi as “a milestone project in the U.S. nuclear energy market.” He noted that although the agreement remains at the basic design stage, “the plan to build four large-scale nuclear reactors in the American market holds considerable significance,” adding that it could pave the way for a series of new project launches and investment inflows in the coming year.
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