Aug 12 (Reuters) - NextEra Energy ( NEE ) said on Wednesday
it had secured an initial $3.3 billion investment under
agreements with the U.S. Department of Commerce and the Japanese
government to develop up to 10 gigawatts of gas-fired power
capacity in Texas and Pennsylvania.
Power companies such as NextEra, among the world's biggest
energy developers, are tapping into record electricity demand
fueled by the rapid expansion of AI data centers.
The announcement follows President Donald Trump's approval
of the projects, tied to Japan's $550 billion investment
commitment to the United States.
NextEra CEO John Ketchum said the Texas and Pennsylvania
developments are among more than 30 energy hubs in various
stages of development across the company's portfolio.
Projects are expected to come online by the end of 2028 and
are expected to be completed in 2032.