Gates-Backed TerraPower Wins Permit for Wyoming Nuke Plant (1)

TerraPower LLC, a nuclear power company backed by billionaire Bill Gates, has received approval to build America’s first commercial plant using next-generation reactor technology.

The company broke ground on non-nuclear parts of the project in Wyoming in 2024, and on Wednesday was granted a construction permit for its Natrium reactor by the Nuclear Regulatory Commission.

TerraPower is at the vanguard of nuclear startups racing to build reactors to help supply data centers thirsting for power as well as grids strained by extreme weather and surging electric demand. The company expects the Wyoming plant to go into service ...