Oklo Inc. (NYSE: OKLO) and Meta Platforms, Inc. (Nasdaq: META) announced a strategic agreement to advance the development of a 1.2 gigawatt (GW) advanced nuclear power campus in Pike County, Southern Ohio, designed to support Meta's expanding array of data centers and AI infrastructure in the region.

Deal Structure & Strategic Support

Under the terms of the agreement, Meta will prepay for future power and provide funding to help accelerate project certainty for Oklo's Aurora advanced nuclear powerhouse deployment. The arrangement gives Oklo critical commercial backing as it moves toward developing the site and securing nuclear fuel for the first phase of construction.

Oklo plans to build the 1.2 GW facility on approximately 206 acres in Pike County -- land originally owned by the U.S. Department of Energy and now repurposed for advanced energy infrastructure. Pre-construction and site characterization are expected to start in 2026, with Phase 1 operations targeted by 2030 and full 1.2 GW capacity projected by 2034.

Energy and Market Context

The project is part of Meta's broader nuclear energy strategy to secure reliable, low-carbon power for data center operations -- particularly those tied to artificial intelligence workloads, which require vast and consistent electricity supplies. Meta's partnership with Oklo complements other agreements with nuclear providers and underscores the increasing role of advanced nuclear power in meeting Big Tech's long-term energy needs.

Ohio -- located within the PJM interconnection, one of the United States' largest power grids -- offers strategic transmission infrastructure, positioning the new nuclear campus as a potential anchor for clean energy growth and grid stability in support of both corporate and regional energy demand.

Economic and Community Impact

Officials say the development will generate thousands of construction and long-term operational jobs, expand Ohio's clean energy workforce, and produce new local and state tax revenue through significant investment in energy infrastructure. The project also ties into regional redevelopment initiatives, helping transform historic industrial sites into hubs of innovation and economic activity.

"Our agreement with Oklo enables the development of 1.2 gigawatts of nuclear energy in Southern Ohio -- supporting Meta's operations in the region, spurring jobs, and advancing American leadership in energy technology," said Urvi Parekh, Head of Global Energy at Meta.

Timeline & Next Steps

• 2026: Pre-construction and site characterization begin.

• 2030: Initial phase of power campus enters service.

• 2034: Full 1.2 GW capacity targeted.

With nuclear power projects traditionally requiring long lead times, Oklo and Meta's accelerated timeline underscores the urgency of securing scalable, reliable, and low-carbon energy -- a trend likely to shape energy portfolios for tech giants and large industrial users in the coming decade.

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