Facebook owner Meta to buy nuclear power from Constellation as AI demand soars

Constellation Energy Corp. agreed to sell power from an operating Illinois nuclear plant to Meta Platforms Inc., a deal that could spur construction of a new reactor at the site as artificial intelligence sends power demand soaring.

The parent company of Facebook, Instagram and WhatsApp signed a 20-year contract to buy the output from the Clinton plant starting in mid-2027, when a state subsidy expires, according to a statement Tuesday. Constellation, the biggest US nuclear operator, declined to provide financial details.

The agreement is the latest…