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Italy's Leonardo, Enel and Ansaldo reach deal on nuclear joint venture

Published by Global Banking & Finance Review

Posted on April 3, 2025

1 min read

· Last updated: January 24, 2026

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Italy's Leonardo, Enel and Ansaldo reach deal on nuclear joint venture
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Leonardo, Enel, and Ansaldo Form Nuclear Joint Venture in Italy

MILAN (Reuters) - Defence company Leonardo, utility Enel and power generation supplier Ansaldo Energia have reached a deal to create a new company to study the use of nuclear power, Italy's Energy Minister Gilberto Pichetto Fratin said on Thursday.

Addressing a conference in Milan, Pichetto said Enel would contribute with its expertise in managing nuclear power stations in Spain, while Leonardo could explore the use of nuclear energy in the military sector.

Italy's conservative government earlier this year approved a law paving the way to a return to nuclear energy, which was banned by referendum in 1987.

"The regulatory framework will likely be completed in two years and a half from now," Pichetto said at the conference, where he spoke via videolink.

(Reporting by Francesca Landini, editing by Alvise Armellini)

Key Takeaways

  • Leonardo, Enel, and Ansaldo Energia form a new company.
  • Focus on studying nuclear power use in Italy.
  • Italy's government supports nuclear energy return.
  • Enel brings expertise from Spain's nuclear stations.
  • Regulatory framework expected in 2.5 years.

Frequently Asked Questions

What is the main topic?
The main topic is the formation of a joint venture by Leonardo, Enel, and Ansaldo Energia to explore nuclear power in Italy.
What expertise does Enel bring?
Enel contributes its expertise in managing nuclear power stations in Spain.
What is the timeline for the regulatory framework?
The regulatory framework for nuclear energy is expected to be completed in two and a half years.

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