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NextEra Energy to build 10 GW natural gas plants in Texas and Pennsylvania with US-Japan funding.

Market News
12 Aug 2026
PRNewsWire
View Source
Bullish
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NextEra Energy has secured agreements with the US Department of Commerce and the Japanese government to develop up to 10 gigawatts of natural gas power generation in Texas and Pennsylvania. This initiative is backed by Japan's $550 billion investment commitment under the US-Japan trade agreement and approved by President Trump. The projects aim to provide reliable power, lower energy costs, and create thousands of jobs, with initial operations expected by 2028 and completion by 2032. NextEra will continue development in partnership with federal and local stakeholders, supporting economic growth and energy infrastructure expansion in the US.

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