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SoftBank, AEP in public-private deal to build out natural gas power in Ohio

ReutersMar 20, 2026 2:32 PM

WASHINGTON, March 20 (Reuters) - The U.S. Energy Department on Friday announced a partnership with SB Energy, a SoftBank Group company 9434.T and AEP AEP.O to build 9.2 gigawatts of natural gas power in Ohio.

The public-private partnership includes $33.3 billion in funding from Japan, the department said.

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