CERAWEEK-NextEra has secured land in Texas for giant gas plant project to power data centers, CEO says

ReutersMar 23, 2026 10:33 PM

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HOUSTON, March 23 (Reuters) - NextEra Energy NEE.N has secured land in Texas for a gas-fired plant to power a large data center campus backed by a U.S.-Japan agreement, the company’s CEO said on Monday.

The power provider announced last week that the administration of Donald Trump approved the development of two large gas plants, totaling about 10 gigawatts, in Texas and Pennsylvania to help meet the surging electricity needs of data centers.

Under the agreement, the $33 billion projects would be developed and operated by NextEra but owned jointly by the United States and Japan as part of a broader trade deal between the two countries.

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