Topic: power purchase agreements
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Meta Bets Big on Nuclear Power With Oklo
Meta has shifted from a cautious nuclear power strategy to a bold investment in Oklo, a startup developing advanced fission reactors, to help secure fuel for a new power campus in Ohio. This deal is part of a broader, landmark private-sector nuclear initiative by Meta, involving partnerships with...
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Amazon-backed nuclear startup X-Energy raises $1B in IPO
X-Energy raised $1.02 billion in its IPO, pricing shares at $23 each,a 21% premium above its marketed range,and began trading on the Nasdaq under ticker XE on April 24, marking the largest IPO by an advanced nuclear company to date. Amazon is central to X-Energy’s trajectory, having led a $500 mi...
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Google's Data Center Power Strategy Revealed
Google is partnering with utilities like DTE Energy to directly secure and shape the development of new clean power generation, using a replicable strategy to support its expanding data center infrastructure. The energy package includes a major commitment to renewables and storage, with 1.6 gigaw...
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Radiant Nuclear Secures $300M for Compact 1 MW Reactor
Radiant Nuclear secured $300 million in funding, highlighting intense venture capital interest in nuclear startups driven by soaring electricity demands from data centers and AI. The company is developing a compact, portable 1-megawatt reactor, designed for transport by truck and using advanced T...
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