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Amazon to fund 12 small nuclear reactors at former Indiana coal plant

T
Tim De Chant
Amazon to fund 12 small nuclear reactors at former Indiana coal plant
✦AI Summary

Amazon is partnering with American Electric Power and X-energy to deploy 12 small modular nuclear reactors at a former coal plant site in Indiana. The project aims to provide carbon-free energy for both the public grid and Amazon's data centers.

Why it matters

This deal highlights the growing trend of major tech companies investing directly in nuclear energy to meet the massive power demands of AI data centers.

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Amazon is funding development of a proposed 960-megawatt nuclear plant in Indiana and would be the first customer to buy its power, the companies announced Monday. Utility company American Electric Power (AEP) would operate the plant. X-energy, which designs small modular nuclear reactors and went public in April, would supply the reactors.

The new power plant would consist of 12 Xe-100 small modular reactors and be located on the site of a demolished coal power plant just south of Terre Haute. The deal is the second commercial agreement between Amazon and X-energy, and it’s three times larger than the first , which was announced two years ago.

Amazon has invested heavily in X-energy, leading a $700 million Series C-1 round in October 2024. The two companies have said they ultimately plan to build 5 gigawatts of new nuclear generating capacity in the U.S. by 2039.

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