Meta just bought enough nuclear to power 5 million homes [Yahoo! Finance]
Constellation Energy Corporation - When-Issued (CEG)
Company Research
Source: Yahoo! Finance
that could make it one of the largest corporate buyers of nuclear power in American history. The agreements, announced Friday, could supply more than 6 gigawatts of electricity, enough to power a city of roughly 5 million homes, according to Bloomberg's estimates Meta has inked 20-year agreements to buy energy from three Vistra nuclear plants in Ohio and Pennsylvania, and has also partnered with nuclear developers Oklo and TerraPower, the latter of which is funded by billionaire Bill Gates, to support new reactor projects that could come online later this decade. The deals are designed to secure reliable, long-term and low-carbon electricity as the social media giant scales up its data infrastructure to support its advanced AI applications. Under the Vistra contracts, Meta will purchase power from three existing nuclear facilities, including the Perry and Davis-Besse plants in Ohio and Beaver Valley in Pennsylvania. Meanwhile, partnerships with Oklo and TerraPower involve buil
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CEG
Earnings
- 11/7/25 - Miss
CEG
Sec Filings
- 1/14/26 - Form SCHEDULE
- 1/13/26 - Form 4
- 1/13/26 - Form 4
- CEG's page on the SEC website