Meta Signs for Eight TerraPower Natrium Reactors Delivering 2.76 GW Baseload

The agreement covers early development funding for two initial Natrium units plus options for six more. Each reactor supplies 345 MW continuous output with thermal storage enabling 500 MW peaks for five hours. Dual-unit sites reach 690 MW firm capacity or 1 GW dispatchable. Meta gains rights to 2.76 GW total baseload plus storage headroom to 4 GW. Site selection begins this year; locations may remain private-wire installations avoiding FERC interconnection queues.

Meta’s nuclear RFP process produced this contract as its first direct new-build investment. Hypothetical overnight cost of $6,000/kW implies $17 billion for eight units, creating supply-chain scale for TerraPower’s HALEU fuel and sodium components. Comparable activity includes Vistra’s 20-year PPA with Meta and Oklo’s 1.2 GW Ohio development, confirming hyperscalers now contract generation directly rather than rely on utility timelines.

Grid connection backlogs exceeding four years and rising AI training loads force this shift. Private nuclear sidesteps state regulatory lag and transmission constraints that mainstream reporting reduces to generic demand growth. The deal accelerates TerraPower’s first commercial plant milestones already cleared with DOE and positions sodium fast reactors as the nearest dispatchable carbon-free option matching 24/7 data-center profiles.

Site identification and permitting for the initial twin-reactor plant will determine whether 2032 delivery holds. Regulatory approval timelines and HALEU fuel availability remain the binding constraints on subsequent units.