$22.3B Texas Power Plant Targets AI, Semiconductor Demand
A proposed $22.3 billion power project in Encinal, Texas, is being considered under a U.S.-South Korea investment package. The 6.3-gigawatt gas-fired facility would supply electricity to AI data centers and semiconductor plants, while negotiations over the broader investment package remain unfinished. Key Takeaways A 6.3-gigawatt combined-cycle gas power plant is under discussion in Encinal, Texas. The proposed project carries an investment value of about $22.3 billion. The facility is intended to supply electricity to AI data centers and semiconductor plants in Texas. Development is expected to begin with 1.4 gigawatts of gas-turbine capacity before adding 4.9 gigawatts of combined-cycle facilities. South
