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Oklo, Meta Announce Agreement in Support of 1.2 GW Nuclear Energy Development in Southern Ohio
Oklo, Meta Announce Agreement in Support of 1.2 GW Nuclear Energy Development in Southern Ohio
About this update from Meta Platforms, Inc.
[{"type":"text","content":"\nMeta’s agreement with Oklo highlights growing market demand for advanced nuclear energy and commitment to clean power\n\n\n PIKE COUNTY, Ohio--(BUSINESS WIRE)--\nOklo Inc. (NYSE: OKLO) (Oklo), an advanced nuclear technology company, announced an agreement with Meta Platforms, Inc. (Nasdaq: META) that advances Oklo’s plans to develop a 1.2 GW power campus in Pike County, Ohio, to support Meta’s data centers in the region. The agreement provides a mechanism for Meta to prepay for power and provide funding to advance project certainty for Oklo’s Aurora powerhouse deployment.\n\nThis press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260109127781/en/Oklo Aurora powerhouse (Image: Oklo)\nOklo will use the funds to secure nuclear fuel and advance Phase 1 of the project—supporting the development of clean, reliable power in Pike County that can scale up to 1.2 GW. Meta’s commitment enables Oklo to pursue development in southern Ohio. Oklo seeks to develop the project on 206 acres of land in Pike County owned by the company and formerly owned by the Department of Energy. The land purchase was facilitated in part by the Southern Ohio Diversification Initiative (SODI), a nonprofit working to reuse the land for regional development.\n\n\n“Two years ago, Oklo shared its vision to build a new generation of advanced reactors in Ohio. Today, that vision is becoming a reality. We have finalized the purchase of over 200 acres in Pike County and are excited to announce this agreement in support of a multi-year effort with Meta to deliver clean energy and create long-term, high-quality jobs in Ohio,” said Jacob DeWitte, Oklo’s co-founder and CEO. \"Meta’s funding commitment in support of early procurement and development activity is a major step in moving advanced nuclear forward.”\n\n\nThe agreement is expected to lay the foundation for constructing multiple Oklo Aurora powerhouses, creating thousands of construction and long-term operations jobs, expanding Ohio’s clean energy workforce, and generating new local and state tax revenues through investment in energy infrastructure.\n\n\nPre-construction and site characterization are slated to begin in 2026, with the first phase targeted to come online as early as 2030. The plans for the scalable powerhouse facility are expected to expand increme...