Meta Platforms has secured its position as the most significant corporate purchaser of nuclear energy in American history through a series of major electricity contracts announced on Friday, 9 January. The technology giant's comprehensive nuclear energy strategy involves partnerships with multiple energy companies to power its expanding AI infrastructure and data center operations.

Major Nuclear Energy Partnerships

Meta's nuclear energy portfolio includes agreements with four key partners, creating one of the largest corporate clean energy initiatives in US history. The company stated that these agreements with Vistra, TerraPower, Oklo, and Constellation demonstrate the critical role of nuclear energy in powering America's AI future while strengthening the country's energy infrastructure.

The total agreements may exceed 6 gigawatts of capacity, sufficient to supply approximately 5 million homes according to Bloomberg reports. This massive scale reflects the growing energy demands of AI infrastructure and data center operations.

Strategic AI Infrastructure Projects

Meta's nuclear energy investments directly support CEO Mark Zuckerberg's commitment to invest hundreds of billions of dollars in AI infrastructure by the end of the decade. The company has outlined specific major projects that will benefit from these nuclear energy agreements.

The "Prometheus" project represents a 1-gigawatt data center facility in New Albany, Ohio, expected to launch this year. Additionally, the "Hyperion" initiative in rural Louisiana could expand to 5 gigawatts with operations beginning in 2028. The latest nuclear agreements will specifically support the Ohio-based Prometheus project operations.

Detailed Partnership Agreements

Under the Vistra agreement, Meta will purchase energy from operational Davis-Besse and Perry reactors in Ohio, providing over 2.1 gigawatts of operational capacity. The company will also receive 433 megawatts of additional energy from planned upgrades designed to increase output from these facilities and the Beaver Valley facility in Pennsylvania.

The Vistra nuclear plants will continue supplying power to the largest US grid managed by PJM Interconnection LLC, which serves over 67 million people across the Midwest to the mid-Atlantic region. This arrangement ensures grid stability while meeting Meta's substantial energy requirements.

Market Impact and Industry Response

The nuclear energy agreements generated immediate positive market response, with Vistra's shares increasing 10% before Friday trading in New York and Oklo's shares rising approximately 20%. These deals highlight the continued strong demand from Big Tech companies for reliable energy sources despite intense competition in the artificial intelligence sector.

US power consumption is projected to increase by at least 30% by 2030, with most new demand originating from data centers according to energy consulting firm Grid Strategies. Power suppliers are struggling to keep pace, making electricity one of the most significant bottlenecks for artificial intelligence development. Meta's comprehensive nuclear strategy addresses these challenges while creating thousands of skilled jobs in Ohio and Pennsylvania and extending the life of three existing nuclear plants.

Meta Platforms has positioned itself as the largest nuclear power buyer among major tech companies through a series of electricity agreements that could total more than 6 gigawatts of capacity. The deals underscore the intensifying competition among technology giants to secure reliable energy supplies for artificial intelligence infrastructure development.

Major Nuclear Power Partnerships

The company announced partnerships with three key nuclear energy providers to support its expanding AI data center operations. Meta will purchase electricity from existing nuclear facilities while also supporting the development of next-generation small reactors planned for deployment over the next decade.

Vistra's stock price rose 10.00% in pre-market trading following the announcement, while Oklo shares increased approximately 20.00%. The agreements follow Meta's separate deal with Constellation Energy announced in June.

AI Infrastructure Power Requirements

The nuclear deals will support Meta's most ambitious AI infrastructure projects, addressing the massive power requirements of modern data centers. Chief Executive Officer Mark Zuckerberg has committed to spending hundreds of billions of dollars on AI infrastructure through the end of the decade.

The Prometheus data center cluster represents a 1-gigawatt facility expected to come online this year, while the Hyperion project in Louisiana may scale to 5 gigawatts by 2028. The Louisiana facility will be powered by at least three natural gas plants, with utility provider Entergy applying to connect additional natural gas generation to support the project's expansion.

Vistra Partnership Details

Under the agreement with Vistra, Meta will access energy from multiple nuclear facilities across Ohio and Pennsylvania. The deal includes more than 2.10 gigawatts of operating generation from the Davis-Besse and Perry reactors in Ohio, plus an additional 433 megawatts from planned improvements to boost output from these facilities and the Beaver Valley plant in Pennsylvania.

These nuclear plants will continue supplying the PJM Interconnection grid, which serves more than 67 million people from the Midwest to the mid-Atlantic region. The arrangement allows Meta to access clean nuclear power while maintaining grid stability for existing customers.

Next-Generation Nuclear Technology

Meta's partnerships with Oklo and TerraPower focus on supporting the development of advanced small modular reactors. Oklo is developing a 75-megawatt reactor design that still requires federal regulatory approval, with Meta's agreement including prepayment provisions primarily to help secure fuel procurement.

The TerraPower partnership supports development of two reactors capable of generating up to 690 megawatts, with delivery targeted for 2032. TerraPower CEO Chris Levesque emphasized that nuclear energy represents a critical component for meeting AI-driven power demand growth.

Industry Power Demand Surge

US power usage is projected to increase at least 30.00% by 2030, with data centers driving most of the new demand according to Grid Strategies energy consulting. This surge has created significant bottlenecks for AI development, prompting technology companies to secure long-term energy supplies through various sources including both nuclear and natural gas facilities.

Meta's head of global energy, Urvi Parekh, noted that the agreements address concerns about existing nuclear plant closures while providing early investment to stimulate new nuclear power development. The company remains committed to low-carbon energy solutions as part of its infrastructure expansion strategy.