• Comprehensive framework to evaluate siting, development, construction, integration, operation, and decommissioning planning for SOLO reactors
• Harnessing Ameresco’s U.S. network and expertise for siting opportunities, agreement targets deployment of 50 SOLO reactors across federal and commercial sites

Terra Innovatum Srl, a developer of micro-modular nuclear reactors, and GSR III Acquisition Corp. (Nasdaq: GSRT), a publicly traded special purpose acquisition company, today announced it has signed a memorandum of understanding (“MOU”) with Ameresco (NYSE: AMRC), a leading energy solutions provider, to establish a comprehensive framework for siting, development, construction, integration, operation, and decommissioning planning of the SOLO micro-modular reactor. The collaboration will leverage Ameresco’s national network and expertise to identify siting opportunities on public and private land, with a goal to secure the deployment of 50 reactor units across federal and commercial sites, marking a major step toward near-term commercial rollout of the SOLO reactor.

“Ameresco’s deep industry network and expertise in delivering a range of innovative energy solutions will play a crucial role in SOLO’s commercial deployment,” said Alessandro Petruzzi, CEO of Terra Innovatum. “Through Ameresco’s support to identify and secure sites to deploy SOLO reactor technology, we have an incredible opportunity to expand our reach and advance our vision and path to market. We are thrilled about the opportunity to work with such a global industrial leader in the sector.”

Giordano Morichi – Partner, Chief Business Development Officer & Investor Relations continued: “Our partnership with Ameresco provides a multi-tiered and diversified path to market, enabling parallel deployment as we pursue U.S. government and private sector opportunities and advance the commercialization of 50 SOLO reactor units. We are proud to work alongside one of the world’s leading energy solutions providers to address its critical security needs in the U.S. and beyond.”

“Ameresco brings decades of experience in delivering advanced energy solutions across federal and commercial markets,” said Nicole Bulgarino, President of Federal Solutions and Utility Infrastructure at Ameresco. “As we continue to focus on providing resilient energy infrastructure to our federal and commercial customers, we are excited to collaborate with Terra Innovatum and leverage their innovative technology to deliver critical power when and where it is needed most—supporting mission readiness and energy assurance in an evolving global landscape.”

ABOUT TERRA INNOVATUM & SOLO

Terra Innovatum’s mission is to make nuclear power accessible. We deliver simple and safe micro-reactor solutions that are scalable, affordable and deployable anywhere 1 MWe at a time.

Terra Innovatum is a pioneering force in the energy sector, dedicated to delivering innovative and sustainable power solutions. Terra Innovatum plans to leverage cutting-edge nuclear technology through the SOLO Micro-Modular Reactor (SMR) to provide efficient, safe, and environmentally conscious energy. With a mission to address global energy shortages, Terra Innovatum combines extensive expertise in nuclear industry design, manufacturing, and installation licensing to offer disruptive energy solutions. Committed to propelling technological advancements, Terra Innovatum and SOLO are dedicated to fostering prosperity and sustainability for humankind.

It is anticipated that SOLO will be available globally within the next three years. Conceptualized in 2018 and engineered over six years by experts in nuclear safety, licensing, innovation, and R&D, SOLO addresses pressing global energy demands with a market-ready solution. Built from readily available commercial off-the-shelf components, the proven licensing path for SOLO enables rapid deployment and minimizes supply chain risks, ensuring final cost predictability. Designed to adapt with evolving fuel options, SOLO supports both LEU+ and HALEU, offering a platform ready to transition to future fuel supplies.

SOLO will offer a wide range of versatile applications, providing CO2-free, behind-the-meter, and off-grid power solutions for data centers, mini-grids serving remote towns and villages, and large-scale industrial operations in hard-to-abate sectors like cement production, oil and gas, steel manufacturing, and mining. It also has the ability to supply heat for industrial applications and other specialized processes, including water treatment, desalination and co-generation. Thanks to its modular design, SOLO can easily scale to deliver up to 1GW or more of CO2-free power with a minimal footprint, making it an ideal solution for rapidly replacing fossil fuel-based thermal plants. Beyond electricity and heat generation, SOLO can also contribute to critical applications in the medical sector by producing radioisotopes essential for oncology research and cancer treatment.

To learn more, visit: www.terrainnovatum.com.

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