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

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1. 52m ago

   Amazon to Fund 12 Small Nuclear Reactors at Indiana Coal Plant

   Amazon has partnered with American Electric Power and X-energy to explore a 960-megawatt nuclear project utilizing 12 small modular reactors at a former coal plant site in Indiana. Amazon is participating as a project development funder and plans to purchase power to supply its data centers and the regional grid. This initiative marks the second project in Amazon's broader commitment to secure more than five gigawatts of carbon-free nuclear energy by the year 2039. The collaboration brings together utility infrastructure, advanced nuclear technology, and massive corporate energy demand.

   Why it matters

   The agreement focuses on funding feasibility work rather than guaranteeing a final construction buildout. Technology companies are increasingly turning to nuclear power to meet the massive electricity demands of expanding data centers while meeting corporate carbon-free goals. The project highlights growing corporate investment in advanced nuclear technology and small modular reactors.

   What is confirmed

   • Amazon, X-energy, and American Electric Power plan a 960-megawatt nuclear plant in Indiana.
   • The project involves 12 small modular reactors built at a former coal plant site.
   • Amazon is serving as a project development funder and intends to be the first customer to purchase power.
   • This is the second project in Amazon's commitment to secure over five gigawatts of carbon-free nuclear energy by 2039.

   Still unconfirmed

   • The agreement currently funds feasibility work rather than a guaranteed buildout of the plant.

   What to watch next

   • Completion of feasibility and development studies for the Indiana site
   • Decisions on final construction and regulatory approvals for the small modular reactors
   Sources used for this update (14)

   1. help.naver.com — Futures Flat As Oil Rebounds After Trump's "Energy Ceasefire" Unravels, Memory Stocks Slide | ZeroHedge
   2. seekingalpha.com — Patient Capital Management Q3 2026 Commentary
   3. www.aboutamazon.com — Amazon plans nearly 1 GW nuclear energy project in Indiana
   4. Bloomberg.com — Amazon and AEP Explore 960-Megawatt Nuclear Project in Indiana
   5. AEP.com — AEP Partners with Amazon and X-energy to Explore Advanced Nuclear Energy in Indiana
   6. TechCrunch — Amazon to fund 12 small nuclear reactors at former Indiana coal plant
   7. WANE 15 — Nuclear power plant plans are set for 2 Indiana counties. Could Allen County be next?
   8. The Register — Amazon makes vague commitment to unproven nuclear tech to power Indiana datacenters
   9. shattered.io — Amazon Backs 12 Indiana Nuclear Reactors, 960 MW [2026]
   10. www.foreignpolicyjournal.com — Amazon's Nuclear Bet Shines Spotlight On NuScale Power (NYSE: SMR), Constellation Energy (NASDAQ: CEG), And Oklo (NYSE: OKLO)
   11. en.ilsole24ore.com — Amazon is investing in 12 nuclear reactors to power its data centres
   12. finance.yahoo.com — X-Energy Stock Surges on Potential Nuclear Energy Deal
   confidence 95%