Thorium One Power delivers 24/7 firm electricity and drought-proof cooling water to gigawatt-class AI campuses in the Permian Basin — bridge gas advancing to molten-salt nuclear, cooled entirely with recycled oilfield produced water, under mirrored 20-year agreements with one counterparty.
A gigawatt AI campus needs contractable power, water certainty, and a credible path to cleaner hourly supply. Thorium One Power is structured around those three buying requirements.
Behind-the-meter 24/7 electricity and cooling water for gigawatt-scale AI data centers, contracted through a power purchase agreement and a water service agreement with one accountable counterparty.
The basin combines low-cost energy supply, produced-water feedstock, large land positions and Texas generation development speed. That makes it one of the few U.S. regions where power and cooling can be developed together at AI-campus scale.
The site is designed to place generation, cooling-water treatment and load behind one fence line, reducing dependence on grid interconnection timing while preserving a long-term molten-salt nuclear phase-in path.
Power, water, and a clean-energy trajectory — sold together, behind the meter, by a single accountable counterparty. No interconnection queue between you and first power.
A two-tranche power purchase agreement: a bridge tranche priced at signing and served by a 1.1 GW gas fleet with storage from 2028, and a fixed clean-firm nuclear tranche that takes over as molten-salt modules phase in.
10.4 MGD of distilled-quality water under a take-or-pay water service agreement — produced from recycled oilfield water, delivered at spec to your cooling loop, with availability guarantees mirroring the PPA.
Decarbonization with dates, not aspirations. Nuclear modules displace gas on a published schedule; environmental attributes assign to you; your hourly carbon-free matching improves automatically — no re-contracting, no action on your side.
The Permian Basin brings far more water to the surface than oil — on the order of 20 million barrels of produced water every day, an industrial byproduct stream that operators currently pay to inject underground.
We intake a fraction of that stream and run it through thermal desalination driven by the power island's own waste heat. What comes out is distilled-quality water purer than most municipal supplies — and it becomes your campus cooling supply. The brine never reaches your fence; the freshwater systems your neighbors depend on are never in the conversation.
Power and water aren't two projects sharing a site — they're one thermodynamic machine. That's why both contracts can come from one counterparty, and why neither depends on freshwater.
This structure exists because of one rule, written into the term sheet rather than the marketing:
The PPA is never contingent on nuclear arriving on schedule. The bridge fleet alone serves your full obligation through the 2030s. Nuclear is an upgrade layer that lowers your blended cost and carbon — not a condition of your power.
| Risk | Sits with | What that means for you |
|---|---|---|
| Nuclear licensing & schedule | Ours | If reactors slip, nothing in your contract changes. Gas serves the load; the nuclear tranche simply starts later. |
| Reactor vendor & fuel supply | Ours | Multi-vendor optionality behind milestone gates — capital commits only after licenses are in hand. Invisible to your contract. |
| Gas price exposure | Ours | Fixed-price supply and firm transport stand behind the bridge tranche. Your price is set at signing. |
| Water sourcing & treatment | Ours | Take-or-pay distillate at spec with availability guarantees — and zero freshwater-rights exposure in your permitting story. |
| Construction & COD | Ours | Liquidated damages on commercial operation dates, for both the power and water plants. |
| Price & carbon trajectory | Yours to keep | Blended $/MWh and emissions intensity fall on a published schedule as nuclear modules phase in. EAs assign to you. |
Your decision points are early and few. After FID, the transitions happen on our side of the fence.
LOI and capacity reservation. Site control, water-supply agreements, and interconnection position open to your diligence team. The 2028–30 power window is allocated here.
Your action: reservationMirrored PPA and WSEPA sign. Construction begins on the bridge fleet, the water plant, and your campus interconnection — in parallel, on one schedule.
Your action: execute PPA + WSEPAYour campus energizes on the bridge fleet; distillate cooling flows from the desalination plant. Full contractual obligations — and liquidated-damages protection — begin.
Your action: none — operations beginMolten-salt reactor modules (~100 MWth each) displace gas block by block. Your blended price and carbon intensity fall on the published schedule; gas rolls to reserve and peaking. No re-contracting.
Your action: none1 GW of 24/7 nuclear generation with gas held as N+1 reserve. Hourly carbon-free matching at campus scale — still cooled without a drop of freshwater.
Your action: expand, if you want moreThe lowest-cost wellhead gas in North America sits on top of the world's largest produced-water stream. Every input to the system is already here, at scale, looking for a buyer.
Texas permits generation faster than anywhere in the country, and behind-the-meter delivery means no multi-year queue stands between your campus and first power.
The ADVANCE Act and the DOE Reactor Pilot Program opened the most favorable U.S. licensing environment for advanced reactors in fifty years — the window our nuclear phase is built to use.
Hyperscalers have announced roughly 10 GW of nuclear offtakes — but almost none of it delivers this decade. Firm 2028 power with drought-proof water is the scarce asset. That's what we're allocating.
Request the offtaker briefing: term-sheet structure, site and water diligence package, interconnection position, and the nuclear phase-in schedule. We are anchoring this campus around one or two counterparties — the conversation is short, and so is the queue.
