Oklo and Meta Agree to Develop 1.2-GW Nuclear Power Facility in Ohio
Question
Oklo and Meta Agree to Develop 1.2-GW Nuclear Power Facility in Ohio
Direct answer
Meta agreed to a 1.2-gigawatt nuclear project partnership with small modular reactor developer Oklo to power regional data center facilities in Ohio. The site plan outlines pre-construction in 2027 and primary construction beginning late 2028 or 2029. With commercial operation targeted for roughly 2030, the transaction reflects escalating power grid constraints facing tech hyperscalers and the requirement for round-the-clock zero-carbon generation assets.
- Original publisher
- Market Ontology
- Evidence through
- 2026-08-28
- Published
- 2026-10-20
- Revision
- 1 · 2026-10-20
Cite as: Market Ontology, “Oklo and Meta Agree to Develop 1.2-GW Nuclear Power Facility in Ohio”, revision 1, evidence through 2026-08-28. https://marketontology.com/market-events/2026-08-28/oklo-and-meta-agree-to-develop-1-2-gw-nuclear-power-facility-in-ohio-4bdd31
How this development reaches the affected companies
| Asset | Exposure and channel | Direction | Evidence |
|---|---|---|---|
| OKLO | commercial agreement securing pipeline demand for 1.2-GW SMR deployment | Up1-4w | Oklo announced an agreement with Meta to develop a 1.2-gigawatt nuclear facility in Ohio. |
| META | securing multi-gigawatt long-term clean baseload power for AI computing clusters | Watch1-3m | Nuclear facility will power Meta's data centers. |
| CEG | baseload nuclear power valuation premium driven by hyperscaler data center demand | Up1-3m | Tech companies increasingly sign direct nuclear power purchase agreements. |
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What happened next
| Asset | Call | Base close | +1 day | +5 days | +20 days |
|---|---|---|---|---|---|
| META | Watch | 578.02 2026-08-28 | -0.98% | +6.70% | +23.81% |
Closing prices from stored daily bars; returns measured from the last close on or before the event date. Not a recommendation.
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