Oklo signs loi to supply 50 megawatts of power to diamondback energy

Santa clara, calif.--(business wire)-- #advancedfission--oklo inc. (“oklo”), a fast fission clean power technology and nuclear fuel recycling company, announces an agreement with diamondback energy inc. (“diamondback”) (nasdaq: fang), the largest independent producer headquartered in the shale-oil region to collaborate on a long-term power purchase agreement (“ppa”). the loi signed by diamondback outlines its intent to enter into a 20-year ppa with oklo. the proposed agreement focuses on engaging oklo's aurora po.
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