Portland Holdings signs Turkish nuclear deal in latest international move
The document sets a framework for cooperation rather than any binding commitment.
Any resulting transaction, investment or project would depend on separate written agreements and on internal, regulatory and other approvals, the parties said.
Nuclean describes itself as a technology-neutral platform that brings together technology providers, the industrial supply chain, investors, off-takers and engineering participants working on small modular reactors (SMRs) and advanced nuclear projects in Türkiye.
Portland Holdings, the Canadian private investment and business group founded by Michael Lee-Chin, said it would provide access to Canada’s nuclear ecosystem, including national laboratories, utilities, universities, engineering firms and other participants across the value chain.
“Türkiye has made clear that nuclear energy will be a fundamental part of its long-term energy-security and industrial strategy,” said Michael Lee-Chin, founder and chairman of the Portland Holdings group of companies.
