Italy Is in Early Talks for Creation of Nuclear-Power Company [Financial Post (Toronto, Ontario, Canada)]
ENEL SPA UNSP/ADR (ENLAY)
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Source: Financial Post
SpA, and Newcleo Ltd. to develop the plan, according to people familiar with the matter. Author of the article: You can save this article by registering for free here . Or sign-in if you have an account. (Bloomberg) — Italy is looking to create a new company to build small nuclear reactors, and officials are in preliminary talks with Ansaldo Nucleare SpA, Enel SpA, and Newcleo Ltd. to develop the plan, according to people familiar with the matter. The move would be a major shift for the country, which has banned nuclear power for decades. The government is seeking to create the new entity with a foreign technological partnership, which will allow for the production of advanced nuclear power in Italy shortly, Industry Minister Adolfo Urso said Sunday at the Ambrosetti Forum on Lake Como, without citing any firm potentially involved. Ansaldo Nucleare, part of Ansaldo Energia, develops nuclear plants and related technology. Newcleo develops small units powered by recycled n
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