financetom
Business
financetom
/
Business
/
SoftBank, GE Vernova among firms interested in Japan's $550 billion US investment package
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
SoftBank, GE Vernova among firms interested in Japan's $550 billion US investment package
Oct 28, 2025 2:32 AM

TOKYO (Reuters) -About 20 companies from Japan and the U.S. have expressed interest in projects that are part of Tokyo's planned $550-billion investment package, a factsheet issued by the two countries showed on Tuesday.

The companies include SoftBank Group, Westinghouse, GE Vernova ( GEV ) and Hitachi ( HTHIF ), according to a list of projects that are worth up to around $400 billion.

Japan has said its $550 billion investment package, agreed upon under its tariff deal with Washington in September, would include equity, loans and loan guarantees from state-owned agencies.

Westinghouse is looking at building pressurized water reactors and small modular reactors in projects worth up to $100 billion, involving Japanese suppliers like Mitsubishi Heavy Industries ( MHVYF ), Toshiba and IHI.

A consortium that includes GE Vernova ( GEV ) and Hitachi ( HTHIF ) is also considering building small modular reactors.

SoftBank is interested in a $25 billion project to develop large-scale power infrastructure.

Carrier could supply thermal cooling systems for power infrastructure and Panasonic ( PCRFF ) could build energy storage systems.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Illumina to Reduce $100 Million in Costs, Lowers Fiscal 2025 Outlook Amid China Sales Ban
Illumina to Reduce $100 Million in Costs, Lowers Fiscal 2025 Outlook Amid China Sales Ban
Mar 11, 2025
06:01 AM EDT, 03/11/2025 (MT Newswires) -- Illumina ( ILMN ) said Monday it is starting a $100 million cost reduction program and lowering its fiscal 2025 non-GAAP earnings forecast. The cost savings are expected to reduce the impact of a potential reduction in revenue and related operating income from the company's Greater China business after the country placed a...
Coinbase registers with Indian financial watchdog to offer crypto trading services
Coinbase registers with Indian financial watchdog to offer crypto trading services
Mar 11, 2025
MUMBAI, March 11 (Reuters) - U.S.-headquartered cryptocurrency exchange Coinbase Global ( COIN ) has registered with India's Financial Intelligence Unit (FIU), allowing it to offer crypto trading services in the country, the company said on Tuesday. Coinbase said it plans to launch its initial retail services later this year and roll out additional investments and products thereafter, but did not...
Coinbase registers with Indian financial watchdog to offer crypto trading services
Coinbase registers with Indian financial watchdog to offer crypto trading services
Mar 11, 2025
MUMBAI (Reuters) - U.S.-headquartered cryptocurrency exchange Coinbase Global ( COIN ) has registered with India's Financial Intelligence Unit (FIU), allowing it to offer crypto trading services in the country, the company said on Tuesday. Coinbase said it plans to launch its initial retail services later this year and roll out additional investments and products thereafter, but did not disclose a...
US car buyers rush to dealer lots to avoid tariff-related price hikes
US car buyers rush to dealer lots to avoid tariff-related price hikes
Mar 11, 2025
* Some consumers rush to avoid sticker-shock from tariffs * US car dealers right now have 3-month vehicle supply * Tariff-wary Canadians are also rushing to buy cars By Nora Eckert DETROIT, March 11 (Reuters) - After Matthew Mitchell heard U.S. President Donald Trump was serious about implementing 25% tariffs on Mexico and Canada, he told his wife it was...
Copyright 2023-2026 - www.financetom.com All Rights Reserved