Thorium One Power delivers 24/7 firm electricity and drought-proof cooling water to gigawatt-class AI data-center campuses, behind the meter 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.
Capacity, water and date figures are targeted and indicative, subject to diligence and final engineering — full technical and commercial basis is provided in the offtaker briefing and data room. The zero-freshwater design is structural, not a target.
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. See the risk allocation.
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. Why the Permian Basin.
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 reactor phase-in path. How the integrated system works.
Power, water, and a clean-energy trajectory — sold together, behind the meter, under a data-center power purchase agreement and mirrored water service agreement, 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 (million gallons per day) 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 24/7 carbon-free energy (CFE) 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 produced-water desalination — thermal distillation 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.
The system in numbers: the power island pairs a 1.1 GW bridge gas fleet with storage (2028) advancing to 1.0 GW of molten-salt nuclear (2033–37), with gas rolling to reserve and peaking. Roughly 1.2 GWth of waste heat drives multi-effect distillation of 500 kbbl/d of produced water into 10.4 MGD of distillate at under 50 mg/L TDS, which supplies campus cooling and reactor cooling trim. The campus runs a 1 GW IT load on hybrid cooling at ~0.2 gal/kWh, recovering 4–6% additional usable output. Concentrate goes to mineral recovery (iodine and lithium options), cutting disposal-injection volume by roughly 55%. No freshwater enters the system.
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 (final investment decision), 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. How long the interconnection queue really takes.
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.
West Texas now has several behind-the-meter gas developers racing to power compute. What almost none of them sell is firm power, drought-proof water, and a contracted route to clean-firm — together, under one counterparty.
| What you have to solve | Typical gas-only developer | Thorium One Power |
|---|---|---|
| Cooling water | Your problem — freshwater permitting, aquifer or municipal draw, drought and social-license exposure. | Solved and contracted. Distillate from produced water, zero freshwater withdrawn, mirrored to the power agreement. |
| Carbon trajectory | Gas indefinitely. Your sustainability team owns the emissions story and any future re-contracting. | A published gas-to-nuclear schedule. Blended cost and carbon fall over time; environmental attributes assign to you. |
| Counterparty count | Separate power, water and interconnection deals to assemble and manage. | One. Power and water on mirrored agreements behind a single fence line. |
| Long-term price curve | Exposed to gas markets for the life of the campus. | Set at signing, then falling as fixed-cost nuclear displaces gas through the 2030s. |
| Technology risk | None taken — but no decarbonization optionality offered either. | Carried by us. Nuclear is an upgrade layer; the bridge fleet alone serves your full obligation. |
Reactor capital commits only after licenses are in hand. The bridge fleet and water plant are financeable on conventional terms today; nuclear is funded against evidence gates, not promises.
The nuclear phase is structured around multiple advanced-reactor paths behind milestone gates, so no one supplier's schedule sits on your contract's critical path.
Every obligation to you is served by proven gas-plus-storage and commercial desalination from day one. The novel technology only ever makes your deal cheaper and cleaner — never later.
Commercial-operation dates for both the power and water plants carry liquidated damages. The risks that are ours are written onto our side of the term sheet, not the marketing.
Thorium One Power develops contracted power-and-water infrastructure for the AI data-center buildout: 20-year offtake revenue behind one fence line, capital phased against licensing and construction milestones, and advanced-nuclear upside structured as an upgrade layer — never the critical path.
A 20-year power purchase agreement with a capacity-payment floor, mirrored by a take-or-pay water service agreement — one campus offtaker, one fence line, both agreements executing together at FID.
The bridge fleet and desalination plant are financeable on conventional project terms against contracted revenue. Reactor capital commits only after licenses are in hand — milestone gates move money, not faith.
Turbines can be bought; the integrated package can't. Produced-water supply, desalination driven by the power island's own waste heat, and a zero-freshwater permitting story are what gas-only competitors in West Texas don't have.
Mineral recovery from the concentrate stream (iodine, lithium), grid export once interconnection completes, and campus expansion pads sit above contracted power and water — upside the base case never has to assume.
Investor materials are shared under NDA with institutional investors, family offices and strategic partners. Nothing on this website is an offer to sell, or a solicitation of an offer to buy, any security; any offering would be made only through definitive documents.
Thorium One Power is a development-stage energy infrastructure company. It develops behind-the-meter power and cooling-water campuses for gigawatt-scale AI data centers, with its first campus targeted in the Permian Basin of West Texas. Power and water are sold together under mirrored long-term agreements — a power purchase agreement and a water service agreement — by a single accountable counterparty. The campus design pairs a 1.1 GW bridge fleet of natural gas generation with storage, targeting first power in 2028, with a molten-salt nuclear phase-in planned from 2033; cooling water is produced by desalinating recycled oilfield produced water rather than withdrawing freshwater.
More about Thorium One Power · Interconnection queue field guide · Produced-water cooling field guide
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.
Notes & sources: interconnection queue durations — Lawrence Berkeley National Laboratory, Queued Up series (median time from interconnection request to commercial operation reached roughly five years for recent projects, with large loads and new transmission often longer). Permian produced-water volumes — industry forecasts including B3 Insight via SPE/JPT (~22 million barrels per day forecast for 2025). Campus-specific capacity, water and date figures are targeted and indicative, as noted above.
