Portland Holdings and Nuclean Sign MOU for Türkiye Nuclear Cooperation
Portland Holdings and Nuclean Sign MOU for Türkiye Nuclear

Portland Holdings Investco Limited and Nuclean Temiz Enerji Data ve Sürdürülebilirlik Teknolojileri A.Ş., with the support of the Nuclear Industry Association of Türkiye (NIATR), signed a Memorandum of Understanding (MOU) at the Nuclear Power Plants and Energy Summit (NPPES) in Istanbul in July 2026. The MOU establishes a framework for cooperation to support the continued development of Türkiye's nuclear-energy ecosystem.

Key Areas of Cooperation

Nuclean and Portland Holdings intend to explore cooperation in four key areas: human-capital development and training; technology engagement and awareness; industrial participation and supply-chain development; and dialogue regarding potential investment and financing opportunities, subject to applicable approvals and future agreements.

Alikaan Çiftçi, President of NIATR, and Rogerio Tippe, Chief Operating Officer of Portland Holdings Investco Limited, signed the MOU during the summit.

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Roles of the Signatories

Nuclean is a Turkish nuclear-technology company operating as a technology-neutral platform that brings together technology providers, the industrial supply chain, investors, off-takers, and EPC participants for small modular reactors (SMRs) and advanced nuclear opportunities in Türkiye. As the commercial operating platform, Nuclean provides commercial and platform-level capability across next-generation nuclear technologies.

Portland Holdings Investco Limited is a Canadian specialist private investment and business group with interests in clean energy, advanced technologies, and other long-term growth sectors. It will provide access to Canada’s advanced nuclear ecosystem, including industry partners, academia, national laboratories, utilities, engineering firms, and other participants across the nuclear value chain. Portland Holdings will also bring its commercial perspective, experience in structuring and scaling complex opportunities, and access to strategic relationships in relevant industrial and international markets.

NIATR's Supporting Role

As Supporting Institution, NIATR contributes its sector-level role as Türkiye’s national nuclear industry association, serving as an interface between the country’s industrial base and the global nuclear sector. NIATR supports Türkiye’s nuclear industry through stakeholder engagement, international cooperation, industry convening, and initiatives focused on localization, technology transfer, and supply-chain development.

According to the announcement, the Canadian nuclear ecosystem provides an important foundation for Portland Holdings’ role in connecting trusted expertise, credible industrial partners, and practical channels for cooperation in support of Türkiye’s nuclear ambitions.

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