Microsoft has signed a 20-year power purchase agreement to resuscitate the Three Mile Island nuclear power plant to fuel its growing AI energy requirements. Subject to regulatory approval, the deal will enable Microsoft to access 835 megawatts of energy from the plant,

Microsoft just signed a deal to revive the shuttered Three Mile Island nuclear power plant. If approved by regulators, the software maker would have exclusive rights to 100 percent of the output for its AI data center needs.

Shares of exchange-traded funds that focus on companies related to the nuclear industry were leaping Friday after Constellation Energy Corp. announced it was restarting a nuclear reactor at Three Mile Island under a power-purchase agreement with Microsoft Corp.