What META's 1.2 GW Deal Means for OKLO's Ohio Nuclear Build

Core Insights - Oklo Inc. has entered into a significant agreement with Meta Platforms to develop a 1.2-gigawatt advanced nuclear power campus in Pike County, Ohio, aimed at meeting Meta's increasing data center energy requirements [1][8] - The deal features a prepayment structure that allows Meta to fund early project activities, enhancing execution visibility for Oklo while keeping financial specifics confidential [1][2] - The project is expected to begin pre-construction and site studies in 2026, with initial power delivery anticipated around 2030 and full capacity targeted by 2034 [3][8] Project Details - The nuclear campus will occupy over 200 acres previously owned by the Department of Energy, benefiting from southern Ohio's industrial base and access to the PJM interconnection, crucial for large-scale data center energy demands [2] - The phased construction approach will utilize multiple Aurora powerhouse units, allowing for gradual scaling of capacity [3][8] Broader Nuclear Strategy - Meta is pursuing a comprehensive nuclear strategy that includes agreements for both existing nuclear plants and next-generation reactor technologies [4] - An agreement with Vistra Energy aims to secure reliable nuclear power in the short term by purchasing electricity from existing plants in Ohio and Pennsylvania, ensuring stable demand for Vistra and supporting license extensions for its reactors [5] - A partnership with TerraPower focuses on developing new advanced nuclear capacity, with funding provided for the construction of its Natrium reactor technology, targeting initial units for delivery in the early 2030s [6] Market Performance - Oklo's shares have increased by over 350% in the past year, significantly outperforming the industry [7]