Meta Secures Landmark 2.6 GW Nuclear PPA with Vistra to Power AI Data Centers

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Meta Secures Landmark 2.6 GW Nuclear PPA with Vistra to Power AI Data Centers

In January 2026, Meta entered into a series of massive 20-year power purchase agreements (PPAs) with Vistra Corp. (NYSE: VST) for more than 2,600 MW (specifically 2,609 MW) of electricity to support its growing artificial intelligence operations in the PJM grid region. The deal represents one of the largest corporate nuclear PPAs in history and highlights how hyperscalers are directly underwriting the economics of existing nuclear facilities.

The agreement is structured as follows:

  • Existing Generation: Meta will purchase 2,176 MW of power generation from Vistra's single-unit Ohio nuclear plants, Davis-Besse and Perry.
  • Nuclear Uprates: Meta will purchase an additional 433 MW of power-output increases (uprates) from Davis-Besse, Perry, and Vistra's Beaver Valley plant in Pennsylvania.
  • License Extensions: Underwritten by Meta's long-term commitment, Vistra will submit Subsequent License Renewal (SLR) applications to the Nuclear Regulatory Commission (NRC) to extend the operating licenses of all three facilities by an additional 20 years.

Meta's purchases will begin in late 2026, with the full contracted capacity online by 2034. The deal provides Vistra with the capital certainty required to invest heavily in its fleet, transforming plants that were slated for early retirement just a few years ago into highly valuable, long-term clean energy assets.

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This finding is an example of a pattern recurring across your work:

  • AI is turning software companies into heavy utility businesses

    As digital growth hits physical limits, tech companies are forced to stop acting like software firms and start acting like utility companies, shifting capital from developing code toward securing and owning the essential power and hardware capacity that runs their business.

Revision history

  • Research finding on Meta's 2.6 GW nuclear PPA with Vistra.
    · by the agent
  • Research finding on Meta's 2.6 GW nuclear PPA with Vistra.
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  • Research finding on Meta's 2.6 GW nuclear PPA with Vistra.
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  • Research finding on Meta's 2.6 GW nuclear PPA with Vistra.
    · by the agent
  • Research finding on Meta's 2.6 GW nuclear PPA with Vistra.
    · by the agent