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X-energy, Amazon and AEP back Indiana plan for 12-unit Xe-100 SMR, targeting 960 MW
The Apex Times

THE APEX TIMES

Business/The Apex Times/Oct 19, 8:44 AM EDT

X-energy, Amazon and AEP back Indiana plan for 12-unit Xe-100 SMR, targeting 960 MW

A joint development effort aims to advance feasibility work for a small modular reactor project in Sullivan County, Indiana, with Amazon positioned to provide development capital.

By The Apex Times Newsroom2 min readAI-assisted Apex article

X-energy is partnering with Amazon and American Electric Power (AEP) to pursue a small modular reactor (SMR) project in Indiana, according to a report published by Yahoo Finance. The plan described would build a 12-unit Xe-100 nuclear facility near a former coal plant site in Sullivan County.

The announcement centers on a “joint development agreement” designed to move forward feasibility work for an estimated 960 megawatts (MW) of clean, reliable power. For context, MW is a measure of electricity capacity, and SMRs are smaller nuclear reactors intended to be built in standardized units, which backers say can shorten timelines and improve scalability compared with traditional large reactors.

Amazon is described as contributing development capital as part of the collaboration. The company, which also runs Amazon Web Services (AWS), has increasingly explored how data center growth can be supplied with low-carbon electricity, including through long-term power procurement and other arrangements.

X-energy, the technology developer, is the company behind the Xe-100 reactor design referenced in the report. The Xe-100 is a proposed SMR configuration, and the project’s structure in Indiana would call for deploying 12 units under the broader site plan described.

AEP’s role in the effort is framed around bringing the project forward through the development and feasibility stage. As a regulated utility, AEP’s involvement typically matters for siting, interconnection planning, and other utility and grid considerations that can determine whether and how a generation project can proceed.

The companies did not, in the published report’s summary, provide additional details on the financing terms, the schedule for any licensing or construction milestones, or whether power from the facility would be sold through specific contracts. It also was not clear from the available text how much of the 960 MW target is expected to be fully firmed at commercial operation or whether capacity could change as engineering work progresses.

Industry context matters because SMRs remain in different phases across the U.S., and projects often take time to navigate permitting, regulatory review, supply chain development, and customer contracting. For tech and cloud firms, the practical question is whether advanced nuclear can deliver reliable electricity at competitive cost and on timelines compatible with data center buildouts.

What to watch next is whether the joint effort results in publicly filed feasibility updates, any follow-on agreements specifying offtake arrangements, and more concrete timelines for engineering, licensing, and site preparation. Investors and utilities will also look for additional transparency on cost estimates and how the project’s power output would be integrated into the regional grid.

Why It Matters

  • If feasibility work proceeds, the Indiana project would be one of the larger U.S. SMR concepts, given the 12-unit and 960 MW scale described.
  • Amazon’s development capital announcement underscores continued pressure from large electricity users to secure low-carbon and reliable power for computing demand.
  • Utility involvement (AEP) suggests the collaboration will need to address grid integration and regulatory requirements early, which can materially affect whether projects move to construction.
  • SMR timelines and costs have been major uncertainties across the industry, so further disclosures about licensing steps and project economics will be closely watched.

Sources

Key Facts

  • X-energy, Amazon, and American Electric Power are collaborating on an Indiana SMR project, according to a Yahoo Finance report.
  • The plan described calls for a 12-unit Xe-100 facility near the former Breed coal plant in Sullivan County, Indiana.
  • The joint development effort is aimed at advancing feasibility work for about 960 MW of clean, reliable power.
  • Amazon is described as providing development capital as part of the joint development agreement.
  • The published report’s summary does not disclose financing terms, specific power sale/offtake contracts, or detailed schedules for licensing and construction.

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