Meta goes nuclear for AI power

What happened

Meta $META signed 20-year nuclear power purchase agreements with $VST (Vistra) tied to 3 nuclear plants (Perry, Davis-Besse in Ohio; Beaver Valley in Pennsylvania) and also partnered with $OKLO (Oklo) plus Bill Gates-backed TerraPower (private) to support small modular reactor (SMR) development. Meta says these deals could add up to ~6.6 GW of nuclear power by 2035 to support AI/data-center growth.

Why the market cares

This is Big Tech putting real long-duration demand behind nuclear, not just “clean energy” headlines. It’s a signal that AI data centers want reliable, 24/7 baseload power and they’re willing to sign long contracts and help fund new nuclear builds.

Winners

Nuclear plant owners and operators

Long-term PPAs can de-risk revenues ...