US and South Korea Announce $22.3B Investment in Texas Project Star

Key Facts

1The US Department of Commerce and South Korea announced a $22.3 billion investment in an energy infrastructure campus in Texas.

2The project is being jointly developed by Related Companies and NextEra Energy in partnership with Lewis Energy Group.

3The project will generate 6.47 GW of natural gas power to support a 5 GW digital infrastructure campus.

The US Department of Commerce and the government of South Korea announced a $22.3 billion strategic investment in an energy infrastructure campus in Texas. According to a PR Newswire statement, the development, known as "Project Star," is a joint venture between Related Companies and NextEra Energy in partnership with Lewis Energy Group. The project is designed to generate 6.47 GW of natural gas power to support a 5 GW digital infrastructure campus.

NEE closed at $75.89 on September 29, 2026, with the stock trading between a low of $74.78 and a high of $76.18 during that session. This massive undertaking aims to bolster Texas's power generation capacity while delivering excess electricity to the grid, marking a significant expansion in energy-intensive digital infrastructure backed by international cooperation.