Meta signs 20-year nuclear power agreements with three companies.

Meta announced 20-year deals to buy power from three Vistra nuclear plants and to help develop small modular reactors with Oklo and TerraPower, and said the agreements could provide up to 6.6 gigawatts of nuclear power by 2035.

Meta said it has signed 20-year agreements to buy nuclear power and to support development of small modular reactors. The deals involve purchases from three Vistra plants and partnerships with Oklo and TerraPower. Meta and other large technology companies have been seeking long-term electricity supplies as demand from data centers and artificial intelligence grows. The company framed the agreements as helping to finance plant expansion and to advance new reactor projects. Key details: - Meta signed 20-year agreements to buy power from Vistra's Perry and Davis-Besse plants in Ohio and the Beaver Valley plant in Pennsylvania. - Meta will help develop small modular reactors planned by Oklo and by TerraPower. - Meta said the agreements will provide up to 6.6 gigawatts of nuclear power by 2035. - The company will fund TerraPower's development of two reactors to generate up to 690 megawatts as early as 2032 and has rights for energy from up to six other TerraPower reactors by 2035. - Meta's partnership with Oklo is intended to help develop up to 1.2 gigawatts in Ohio as early as 2030 for early procurement and development. - The article notes Vistra's plants are licensed to run through at least 2036, with one Beaver Valley reactor licensed through 2047, and that U.S. small modular reactors are not yet in commercial operation and will require permits. Summary: The agreements expand Meta's planned long-term nuclear energy arrangements and are described as supporting both life extensions at existing plants and the development of new reactors. Deployment timelines in the agreements run into the early- to mid-2030s, while regulatory approvals and construction remain necessary. Undetermined at this time.