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NextEra Energy and partners selected for $22B Texas power plant

1 min
NextEra Energy and partners selected for $22B Texas power plant

This digest was compiled by AI from multiple sources — links to the originals are below.

The U.S. Department of Commerce and South Korea selected NextEra Energy and Related Companies, with Lewis Energy Group, to develop Project Star, a $22B-plus energy campus in Encinal, Texas. The project includes 6.47 GW of generation capacity and will support a 5 GW data center campus. Initial generating resources are anticipated online as early as 2029.

Key Facts

  • Project Star is a $22B-plus energy infrastructure campus in Encinal, Texas, with 6.47 GW of generation capacity.
  • NextEra Energy Resources and Related Companies will develop, build, and operate the natural gas-powered generation.
  • Lewis Energy Group will provide associated infrastructure including gas.
  • The project will support a privately funded 5 GW data center campus developed by Related Digital on an adjacent site.
  • Initial generating resources are anticipated to come online as early as 2029, subject to permitting and approvals.

Project Star Selection

The U.S. Department of Commerce and the South Korean government announced the selection late Wednesday. NextEra Energy and Related Companies, in partnership with Lewis Energy Group, were chosen to develop the project. The announcement was made as part of the implementation of a trade deal signed last summer between South Korea and the U.S. The energy campus will be jointly owned by the two countries under the structure of the joint trade agreement.

Generation and Data Center

NextEra Energy Resources and Related Companies plan to develop, build, and operate the natural gas-powered generation. Lewis Energy will bring associated infrastructure including gas. Project Star will support a privately funded 5 GW data center campus that Related Digital is developing on an adjacent site. Excess power generation from the project will be delivered back to the grid. Initial generating resources are anticipated to come online as early as 2029, subject to required permitting and approvals.

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