Facebook parent Meta announced an unprecedented deal with Constellation Energy, the largest American nuclear power plant operator, cementing Meta’s turn to turn to nuclear energy to power its energy intensive, generative artificial intelligence initiatives, and sending Constellation shares surging.

Meta has committed to a 20-year agreement with Constellation to purchase 1.1 gigawatts of nuclear energy from the Clinton Clean Energy Center in Illinois, beginning in 2027. The energy agreement is intended to fuel Meta’s growing artificial intelligence infrastructure and data centers as energy needs rise for the tech industry.

Technology group Meta, the parent of Facebook and Instagram, has signed a 20-year power purchase agreement with Constellation Energy to take about 1.1 GW of electricity from Constellation's Clinton Clean Energy Center in Illinois.