Amazon is funding a proposed 960-megawatt nuclear plant in Indiana and will be its first power buyer, the companies announced Monday. American Electric Power (AEP) will operate the plant, while X-energy will supply 12 Xe-100 small modular reactors on the site of a demolished coal plant south of Terre Haute. This is the second Amazon–X-energy deal and three times larger than the first; unlike many new plants, it will connect to the public grid, though Amazon says the power will also serve its data centers. The timeline still hinges on X-energy delivering its first plant at Seadrift, Texas, which is the subject of a state lawsuit and has not yet broken ground.
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AMZNelectricitydata centersnuclear energy
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Related tickers and likely impact
AMZN
▲ Likely positiveAmazon
Relevance: low
| Market | US stocks |
|---|---|
| Sector | Consumer Discretionary |
| Industry | Broadline Retail |
| Market cap | $2.7T |
| Close on 10/16/2026 | 249.94 |
| Change that session | -1.89% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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