Amazon invests in X-energy and targets 5 GW of Xe-100 capacity by 2039

X-energy

Amazon's Climate Pledge Fund led approximately $500 million Series C-1 investment in X-energy, with the two setting a goal of deploying more than 5 gigawatts of Xe-100 capacity across the United States by 2039. The initial project is a 320 MW plant with Energy Northwest in Washington, expandable to 960 MW; this represents the largest commercial SMR deployment target announced to date.

• Series C-1: ~$500M from Amazon Climate Pledge Fund and other investors.
• Goal: over 5 GW of Xe-100 capacity by 2039.
• Initial project: 320 MW with Energy Northwest in Washington; expandable to 960 MW.
• Xe-100: 80 MW per unit; largest commercial SMR deployment target to date.