Oklo Inc. and Vistra Corp. posted strong gains on Monday morning following announcements that Meta Platforms has entered into long-term agreements to procure clean nuclear energy from both companies. The deals mark a pivotal moment in corporate adoption of advanced nuclear technology.
- Oklo shares rose 18.3% following Meta’s PPA for 150 MW of power from Aurora microreactor
- Vistra stock gained 9.7% on a 300 MW nuclear power agreement with Meta
- Meta’s two contracts total $1.2 billion over 10 years, active from 2027 to 2035
- Agreements support Meta’s goal of 24/7 carbon-free energy by 2025
- PPAs provide long-term revenue stability and reduce capital risk for Oklo and Vistra
- The deals reflect increased corporate demand for dispatchable, low-carbon energy sources
Oklo Inc. and Vistra Corp. rose sharply in early trading, with Oklo shares jumping 18.3% and Vistra stock gaining 9.7% as markets reacted to Meta's strategic energy commitments. The technology giant confirmed it has signed power purchase agreements (PPAs) with both firms, securing supply from Oklo’s microreactor projects and Vistra’s next-generation nuclear facilities. These arrangements are set to begin delivery in 2027 and extend through 2035, underscoring Meta’s push toward 24/7 carbon-free energy for its data centers. The deals highlight growing corporate interest in dispatchable, low-carbon power sources amid rising energy demands from AI infrastructure. Oklo, a developer of small modular reactors (SMRs), will supply 150 megawatts of power from its Aurora microreactor prototype, while Vistra will deliver 300 megawatts from its planned nuclear expansion in Texas. Each project is expected to contribute to grid stability while supporting Meta’s pledge to operate on 100% renewable and carbon-free energy by 2025. Financially, the PPAs are valued at approximately $1.2 billion over the 10-year term, with tiered pricing structures tied to performance and regulatory milestones. Analysts note that the contracts provide long-term revenue visibility for both Oklo and Vistra, reducing investment risk and accelerating financing efforts for their nuclear projects. The momentum follows a broader trend of tech firms prioritizing energy security and sustainability in high-power consumption operations. The market response reflects growing confidence in nuclear energy as a viable alternative to fossil fuels and intermittent renewables. Investors are particularly focused on the scalability of SMR technology and the potential for rapid deployment. The developments may encourage further corporate commitments across the technology and energy sectors, reinforcing nuclear’s role in near-term decarbonization strategies.