Terrestrial Energy Inc., a developer of small modular nuclear power plants using its Generation IV Integral Molten Salt Reactor (IMSR) technology, and Riot Platforms Inc., an industry leader in the development of large-scale data centers and bitcoin mining applications, have collaborated to develop a best-in-class pairing of future data centers with co-located advanced nuclear plants.
The two partners will collaborate on the customization of IMSR Plants to be integrated with Riot developed and operated data centers.
This partnership combines Terrestrial Energy’s nuclear plant design and licensing expertise with Riot’s expertise in data center design, development, and operations.
Commenting on the partnership, Simon Irish, CEO of Terrestrial Energy, said, “This partnership brings together two companies with sector leading capabilities to unlock the tremendous value in IMSR Plant supply to data center operations and to build long-term strategic depth in Riot Platforms’ power-first strategy. Riot has proven it can build and operate large-scale digital infrastructure, and our small and modular IMSR Plant is designed to deliver the reliable, low-cost power those operations need. Together, we see a clear path to deploying IMSR’s clean energy at scale for AI and HPC.”
Expressing their views, Jason Les, CEO of Riot Platforms, said, “Our data centers require reliable and predictable energy at the scale demanded by today’s hyperscale customers. Partnering with Terrestrial Energy positions our facilities at the forefront of data center deployment, utilizing clean energy and benefitting both our customers and the communities we operate in. The consistent baseload of power required by data centers presents an ideal pairing for development alongside Terrestrial’s IMSR Plants. This partnership will bring reliable, innovative power online while diversifying Riot’s sources of power and creating new opportunities for future data center deployment.”
