From Yahoo Finance: 2025-05-15 12:03:00

Enel, Ansaldo Energia, and Leonardo have formed Nuclitalia to spearhead nuclear research in Italy. The joint venture will focus on advanced sustainable nuclear technologies, starting with small modular reactors. Enel holds 51%, Ansaldo Energia 39%, and Leonardo 10% stake. The governance structure includes a board chaired by Ferruccio Resta and CEO Luca Mastrantonio.

The collaboration aims to assess innovative nuclear designs and their feasibility in Italy. Nuclitalia will conduct a thorough technical-economic analysis to identify the most promising solutions. The venture will explore industrial partnerships, emphasizing innovation, sustainability, and enhancing Italy’s supply chain capabilities. A technical committee will support technological analysis efforts.

The transaction is categorized as between related parties due to the common control of Enel, Ansaldo Energia, and Leonardo by Italy’s Ministry of Economy and Finance. Enel considers the deal of minor importance, compliant with Consob and Enel’s guidelines. The Related Parties Committee has given a positive opinion on the benefit, fairness, and appropriateness of the terms. Leonardo’s exemption is based on it being a small amount transaction following board-approved procedures.

Read more: Enel, Ansaldo and Leonardo form Nuclitalia for nuclear power research