A new joint venture named Nuclitalia has been launched by Enel, Ansaldo Energia, and Leonardo to explore advanced nuclear power technologies, with a particular focus on Small Modular Reactors (SMRs). The newly formed company, headquartered in Italy and structured as a limited liability company (S.r.l.), will study emerging reactor designs and assess their viability within the Italian energy framework.

Enel holds a majority stake in Nuclitalia with 51%, followed by Ansaldo Energia with 39% and Leonardo with 10%. The company’s initial mandate includes evaluating the technological maturity and economic feasibility of new-generation nuclear reactors, especially water-cooled SMRs. The analysis will also take into account Italy’s specific energy system requirements.

In addition to identifying suitable technologies, Nuclitalia will examine opportunities for industrial collaboration and co-design initiatives, with an emphasis on innovation, environmental compatibility, and long-term economic sustainability. The initiative also aims to support the development of Italy’s domestic supply chain for nuclear technologies.

The company’s Board of Directors will consist of seven members. Ferruccio Resta, former rector of the Politecnico di Milano, has been appointed chairman, while Luca Mastrantonio, who leads Enel’s Nuclear Innovation division, will serve as CEO. The remaining five board members are senior figures from the partner companies, chosen for their technical expertise and industry experience.

A technical committee will also be established in the coming weeks to support Nuclitalia’s research and development efforts.

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The formation of Nuclitalia is considered a related-party transaction, as Enel, Ansaldo Energia, and Leonardo are all partially or wholly owned by Italy’s Ministry of Economy and Finance. For Enel, the transaction falls under the category of “minor importance,” and was approved with a favorable opinion by its Related Parties Committee, in line with Consob regulations. Leonardo, on the other hand, classified the transaction as “of a Small Amount,” exempting it from its internal procedures for related-party transactions.