Equinix signs pre-agreement to procure up to 500MW of nuclear power from Oklo
Type: Ppa · Technology: Nuclear, Data Center, Other · Country: United States · Capacity: 500 MW · Value: $25M · Announced: 2024-04-05
Equinix signed a letter of intent and made a $25 million prepayment to Oklo for the right to purchase up to 500 MWe of power from Oklo's planned small fast fission 'powerhouses' under future 20-year PPAs, with ROFR for 36 months and options to renew and extend.
Counterparties
- Equinix, Inc (Offtaker)
- AltC Acquisition Corp (Partner)
- Oklo, Inc (Developer)
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