Meta Inks 20-Year Clinton Nuclear Power Deal

Meta Platforms has signed a 20-year agreement with Constellation Energy to purchase all electricity generated by the Clinton Clean Energy Center, a nuclear facility in Illinois, starting in 2027. The deal covers 1,121 megawatts and marks Meta’s first nuclear power contract, securing a consistent, carbon-free power source for its AI data centers. The partnership will support the plant's continued operation after state subsidies expire, increase capacity by 30 megawatts, preserve 1,100 jobs, and generate $13.5 million in annual local tax revenue. This move follows similar nuclear energy deals among tech giants such as Microsoft, Google, and Amazon, as the industry seeks to power rapid AI growth with clean energy. Analysts say the deal strengthens Constellation’s long-term prospects, though its stock surge has raised valuation questions. Meta also plans to pursue additional nuclear projects, underscoring nuclear power’s growing role in its clean energy strategy.