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Meta buys a nuclear power plant (more or less)

  • Meta has announced the purchase of the Clinton Clean Energy Center in Illinois to keep a nuclear power plant operating until 2047.
  • The deal involves Meta buying the 'clean energy attributes' of the 1.1 gigawatt nuclear power plant, contributing to carbon accounting efforts to lower the company's climate impact.
  • The multibillion-dollar deal will help Constellation relicense the plant and secure a customer for the duration of the license extension, as Big Tech companies, including Meta, show increasing interest in nuclear power.
  • The deal with Meta will help prevent the closure of the Clinton power plant, which faced shutdown threats previously but is now looking to extend its operating license through 2047.

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