Meta Platforms Watchlist

Meta Platforms Invests in Nuclear Power Plant in Illinois

D. Teichgräber
Reading Time: 2 minutes

Meta Platforms, Inc. (NASDAQ: META) and the energy provider Constellation Energy have signed a 20-year Power Purchase Agreement (PPA) effective from July 2027. At the center of this agreement is the Clinton Clean Energy Center in Illinois, a powerful nuclear power plant that will provide 1,121 megawatts of emission-free energy to help meet part of Meta's energy needs. The agreement replaces the previous government subsidy under the Zero Emission Credit (ZEC) program and ensures the continued operation of the plant on a market-based basis. ...

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