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Barchart
Barchart
Rich Duprey

Is White-Hot Oklo Stock a Buy Following New Meta Energy Deal?

Meta Platforms (META) has accelerated its push for sustainable energy to fuel expansive artificial intelligence (AI) data centers by forging long-term nuclear power agreements with three innovative providers: Oklo (OKLO), Vistra (VST), and TerraPower. 

With Oklo, Meta is collaborating on the development of small modular reactors (SMR) in Ohio, targeting up to 1.2 gigawatts (GW) of capacity as early as 2030, where Meta will support early procurement and project advancement. Vistra's deal involves 20-year purchases from three existing plants—Perry and Davis-Besse in Ohio, plus Beaver Valley in Pennsylvania—enabling expansions and life extensions to deliver up to 6.6 GW by 2035. TerraPower's pact sees Meta funding two reactors for up to 690 megawatts by 2032, with options for six more by 2035. 

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