NextEra Energy, an energy infrastructure builder in the United States, has confirmed the approval of the development of up to 10 gigawatts of natural gas–powered generation in Texas and Pennsylvania.
The approval, made in connection with Japan's $550 billion investment commitment to the United States as part of the U.S.-Japan trade deal, positions NextEra Energy to develop reliable, large-scale power infrastructure to support America's growth and technological leadership. The investment is subject to negotiation and execution of definitive documents by NextEra Energy and various constituents, as well as NextEra Energy's completion of development, construction and commissioning of the selected projects. The projects, which would be owned jointly by Japan and the United States under the structure of the joint trade agreement, would be built and operated by NextEra Energy.
The projects, which include NextEra Energy's previously disclosed Texas hub developed in coordinat