Amazon backs X-energy 12-reactor Indiana SMR project

Amazon is funding an undisclosed amount toward development of 12 X-energy Xe-100 small modular reactors in Sullivan County, Indiana, supplying 960 MW, with Amazon as first power purchaser. X-energy has not built a working reactor and the timeline is uncertain, with completion possible "as early as the mid-2030s".

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Amazon's expansion of its X-energy deal signals continued hyperscaler willingness to underwrite unproven SMR technology to secure long-term firm power for datacenters. The commitment is vague, with no disclosed dollar amount or firm schedule, and Amazon says it will play no role in NRC licensing. X-energy has no operating reactor and no construction permit yet, so the 12-unit Indiana plant is years from delivering power, if it is built. The deal underscores that near-term datacenter power needs must still be met by other sources such as gas and the grid. It is positive for SMR and TRISO fuel supply-chain sentiment but carries high execution and regulatory risk.