financetom
Business
financetom
/
Business
/
Equinix enters into multiple advanced nuclear deals to power data centers
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Equinix enters into multiple advanced nuclear deals to power data centers
Aug 14, 2025 5:35 AM

NEW YORK, Aug 14 (Reuters) - Major data center developer

and operator Equinix ( EQIX ) has entered into several advanced

nuclear electricity deals, including power purchase agreements

for fission energy and pre-ordering microreactors for its

operations, the company said on Thursday.

Big Tech's race to expand technologies like generative

artificial intelligence, which requires warehouse-like data

centers that can require city-sized amounts of electricity at a

single site, is driving up global energy consumption and raising

fears about depleted power supplies.

The voracious energy needs of data centers has led to a

rising number of preliminary power deals to fuel data centers

with advanced nuclear energy.

Small modular reactors and other next-generation energy is

not yet commercially available in the U.S., the world's data

center hub.

The Equinix ( EQIX ) announcement follows news that the U.S.

Department of Energy earlier had selected an initial 11 projects

for a pilot program seeking to develop high-tech test nuclear

reactors with the aim of getting three of the projects operating

in less than a year.

Equinix's ( EQIX ) deals with advanced nuclear providers would supply

more than 1 gigawatt of electricity to the company's data

centers.

Among the agreements, Equinix ( EQIX ) plans to procure 500 megawatts

of energy from California-based Oklo's ( OKLO ) next-generation nuclear

fission powerhouses. It also entered into a preorder agreement

for 20 transportable microreactors from Radiant Nuclear, which

is also based in California.

In Europe, Equinix's ( EQIX ) agreements to eventually purchase power

from next-generation nuclear developers, ULC-Energy and

Stellaria.

Equinix ( EQIX ) also entered into advanced fuel cell agreements with

Bloom Energy, based in Silicon Valley.

The agreements are part of Equinix's ( EQIX ) long-term planning for

electricity to use for its data centers, as opposed to a

quick-fix solution, Raouf Abdel, Equinix's ( EQIX ) executive vice

president of global operations, told Reuters.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
This sustainable jewellery brand is luring some women away from gold
This sustainable jewellery brand is luring some women away from gold
Oct 30, 2023
Aulerth's offerings range from ₹5,000 to as high as ₹2.8 lakh. Are women willing to spend this much on jewellery made from scrap? Founder and CEO Vivek Ramabhadran definitely believes so. Aulerth produces couture-inspired pieces in association with designers like JJ Valaya, Suneet Varma, among others. It has reported 33% repeat customers in the past year and expects a spike to 40% soon.
Tata Power Renewable Energy wins 200-MW project in collaboration with SJVN
Tata Power Renewable Energy wins 200-MW project in collaboration with SJVN
Nov 28, 2023
The firm and dispatchable renewable energy (FDRE) project, designed with a hybrid of solar, wind, and battery storage, is aimed at providing a stable and dispatchable energy supply during peak hours. Shares of Tata Power Company Ltd ended at ₹270.75, up by ₹12.60, or 4.88%, on the BSE.
SJVN secures 200-MW wind power project at ₹3.24 per unit
SJVN secures 200-MW wind power project at ₹3.24 per unit
Nov 16, 2023
Projected to generate 482 million units in its inaugural year post-commissioning, the cumulative energy generation over a 25-year span is anticipated to reach 12,050 million units. Shares of SJVN Ltd ended at ₹75.17, down by ₹0.50, or 0.66%, on the BSE.
Suzlon's S144–3 MW wind turbines get big boost from Indian government
Suzlon's S144–3 MW wind turbines get big boost from Indian government
Nov 15, 2023
Th Suzlon wind turbines received the RLMM (Revised List of Models & Manufacturers) listing from the Ministry of New and Renewable Energy, marking an important milestone for the successful commercialisation of the product. Shares of Suzlon Energy Ltd ended at ₹40.49, up by ₹1.85, or 4.79%, on the BSE.
Copyright 2023-2026 - www.financetom.com All Rights Reserved