Meta signs sweeping nuclear deals with Oklo, TerraPower, and Vistra to power AI datacenters
Jan 9, 2026
Key Points
- Meta becomes anchor customer for nuclear power, committing to new reactors from TerraPower and Oklo plus expanded output from three Vistra plants to fuel AI datacenter electricity demand.
- The Oklo deal covers a 1.2-gigawatt nuclear campus in Pike County, Ohio, with Meta providing binding prepayment for fuel procurement to accelerate project work.
- Meta targets first reactors online by 2030–2032, but electricity demand is forecast to outpace supply in 2027–2028, forcing reliance on interim sources until new nuclear capacity arrives.
Summary
Meta is securing nuclear power to feed its AI datacenter buildout. The company will back new reactor projects from TerraPower and Oklo, and has agreed with power producer Vistra to expand output from three existing nuclear plants in Ohio and Pennsylvania.
The Oklo deal covers a 1.2-gigawatt nuclear campus in Pike County, Ohio. Meta's agreement includes binding prepayment for fuel procurement, allowing Oklo to advance early project work and secure supply. Vistra's stock rose 11% on the announcement, while Oklo shares jumped roughly 15% when markets opened. TerraPower remains privately held.
Meta targets first new reactors online as early as 2030 and 2032. The company's director of global energy acknowledged the timeline is challenging but framed it as necessary to meet urgent electricity demand for AI computing.
The timeline creates an immediate problem. New reactors arriving in 2030–2032 may come after peak datacenter buildout pressure. Demand for electricity is likely to outpace available production in 2027–2028, creating a gap that nuclear alone cannot fill during the transition. Meta and its peers will need interim solutions, likely a mix of existing capacity, renewables, and battery storage, to bridge the period before new nuclear comes online.