Oracle’s Nuclear Power Deal Signals That Energy Is the New Compute Bottleneck

On October 2, 2026, Oracle and We Energies announced a nuclear power subscription deal that marks a significant shift in how hyperscale data centers secure their energy. Oracle has agreed to subscribe to 10-20% of the output from the Point Beach Nuclear Plant, amounting to 125-250 megawatts of power. This energy is earmarked for the Lighthouse Campus, a $15 billion AI data center project in Port Washington, Wisconsin, co-developed by Oracle, OpenAI, and Vantage Data Centers. The facility, which is part of the broader Stargate initiative, is designed to house close to 1 gigawatt of AI capacity within a 1.3 gigawatt total electrical footprint, with completion targeted for 2028.