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American Electric Power

Utility company

Business · 20 Oct 2026Amazon to fund 12 small nuclear reactors at Indiana coal plant site

Amazon announced Monday it will fund the development of a 960-megawatt nuclear power plant in Indiana, becoming the first customer to buy power from the facility. The company is working with utility American Electric Power (AEP), which would operate the plant, and reactor designer X-energy, which went public in April.