Meta agrees on a 20 -year deal to buy production from the nuclear factory in Illinois

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Meta agreed to purchase the product of a nuclear factory in Illinois for a period of two decades, which represents the first deal of this kind as it seeks to enhance electricity to operate its artificial smart efforts and American data centers.

The social media group said on Tuesday that it had signed a deal with Constellation Energy, the operator of the largest fleet of traditional nuclear reactors in the United States, to purchase the Clealton Clean Energy Center output for 20 years from June 2027. The agreement will help to prolong the facility after the date of the state government date.

Big technology Companies are racing to secure the huge quantities of electricity that are expected to be necessary to meet the high demand caused by the mutation of artificial intelligence, which drives those companies – and facilities – also to consider power generation options outside the traditional fossil fuel.

The deal comes Dead CEO Mark Zuckerberg has flowed billions of dollars in developing artificial intelligence models and products for the platform in an attempt to become “the leader of artificial intelligence”.

Meta Amazon, Google and Microsoft Nuclear power plant operators Recently, but the social platform plans for a similar deal last year had been challenged through environmental and organizational challenges, the Financial Times reported. Among them, Zuckerberg told employees that the discovery of rare bees on a site next to the factory, where a possible data center was to be built.

A constellation announced last September that it will reopen its three -year -long nuclear factory in Pennsylvania after its approval of 20 years. Power supplier deal with microsoft. A factory unit was closed in 1979 after a partial collapse that led to the most dangerous nuclear accident in the history of the United States. In the case of Meta, Clinton is already running.

In another batch of the prospects for the American nuclear sector, President Donald Trump signed an executive last month Rapid construction of reactorsIn addition to helping to finance energy promotions to the current reactors, in an attempt to connect the country’s atomic capacity in the country by 2050.

Earlier this year, Constellency was almost declared A $ 27 billion deal To purchase Calpine, the opponent of two of the country’s largest generators are linked to an expected increase in the demand for electricity pushed by the artificial intelligence boom.

The financial details of the Clinton deal have not been revealed. A constellation said in a statement that the agreement with Meta will enable it to re -submit the application to obtain the federal Abramel and the continued operation of the factory, which is located in the center of the state, about 250 km southwest of Chicago.

Constellation also said that the partnership will expand the clean energy output in Clinton by 30 megawatts, as well as maintaining 1,100 “high -rate jobs” and generates $ 13.5 million of annual tax revenues.

The Clinton for the creation of Clinton was scheduled to be closed in 2017, but it continued because of the age of the state legislative council in Illinois who provided financial support until mid -2017. Meta will be able to end the validity of government subsidies, allowing the facility to operate without price supporters.

Joe Domingz, CEO of Constellation, said that the company is “proud” in partnership with Meta because they “discovered that support for re -discrimination and expansion of existing plants is like finding new sources of energy.”

The stocks in Constellation rose about 6 percent after a short period of the Wall Street bell on Tuesday, while Meta rose by 0.1 percent.

Other nuclear stocks have been raised due to the Constellenge partnership news. The stocks in OKLO, the developer of the small normative reactor supported by the CEO of Openai Sam Altman, 9 %. While the Nuscale Power reactor designer increased by 8 percent. Centrus Energy, a nuclear fuel company, increased by 7.5 percent.