Catenaa, Friday, January 09, 2026- Meta Platforms is set to become one of the world’s biggest corporate buyers of nuclear power, striking a series of deals to supply power demand for AI data centers.
The agreements could end up totaling more than 6 gigawatts, which is enough to power a city of about 5 million homes.
The deals include purchasing electricity from three existing Vistra plants and support several small reactors that Sam Altman-backed Oklo and Bill Gates-backed TerraPower are planning to build over the next decade.
Vistra shares were up as much as 12% on Friday in New York. Oklo was up as much as 9%. Meta gained as much as 0.9%.
Meta said its agreement with TerraPower will provide funding that supports the development of two new Natrium units capable of generating up to 690 megawatts of firm power with delivery as early as 2032.
The deal also provides Meta with rights for energy from up to six other Natrium units capable of producing 2.1 gigawatts and targeted for delivery by 2035.
US power usage is expected to climb at least 30% by 2030, with most of the new demand coming from data centers, according to energy consulting firm Grid Strategies.
Amazon, Alphabet and Microsoft have all signed deals to tap power from nuclear reactors. Those plans have now been dwarfed by Meta’s efforts.
While Meta didn’t disclose the value of the contracts, agreements of this size can easily represent billions of dollars in total revenue for electricity generators. The new deals follow a separate June agreement to get energy from a Constellation Energy nuclear site.
While surging US power demand for data centers has helped revive appetite for nuclear energy, hyperscalers that long pledged to go green have recently considered or pursued deals with natural gas-fired plants, generators that are usually much easier and swifter to build.
