Washington, January 9, 2026 – Meta Platforms has announced landmark 20-year agreements with three companies—Vistra, Oklo, and TerraPower—to secure up to 6.6 gigawatts of nuclear energy by 2035, positioning the tech giant as one of the largest corporate buyers of nuclear power in U.S. history amid surging demand for AI infrastructure.
Partnerships with Existing and Emerging Nuclear Providers
The deals include power purchase agreements with Vistra for output from three plants: Perry and Davis-Besse in Ohio, and Beaver Valley in Pennsylvania, supporting lifespan extensions and capacity increases. Additionally, Meta is backing small modular reactor (SMR) developments with Oklo (up to 1.2 GW in southern Ohio, potentially online by 2030) and TerraPower (initially 690 MW for two reactors, expandable to more by 2035, targeting 2032 start).
These build on Meta’s 2025 agreement with Constellation to sustain an Illinois reactor. Joel Kaplan, Meta’s chief global affairs officer, stated the pacts will “make Meta one of the most significant corporate purchasers of nuclear energy in American history.” Executives from TerraPower and Oklo praised the support for accelerating deployments and early procurement.
Driving Force: Explosive AI Power Needs
The agreements address Big Tech’s escalating electricity requirements, as AI and data centers reverse two decades of flat U.S. power demand. Meta’s 2024 request for 1-4 GW of new nuclear capacity underscores this shift toward reliable, carbon-free sources.
Market reactions were positive, with Oklo shares jumping nearly 20% and Vistra rising 8% in premarket trading. The moves highlight nuclear’s revival, including SMRs for cost efficiencies, though commercial U.S. deployments remain pending regulatory approvals.