NextEra Energy Receives President Trump Approval To Construct 10 Gigawatts Of Natural Gas-Powered Generation In Texas, Pennsylvania

3/20/2026
Impact: 75
Utilities

NextEra Energy, Inc. (NYSE: NEE) has received approval from President Trump to develop up to 10 gigawatts of natural gas-powered generation in Texas and Pennsylvania. This initiative is linked to Japan's $550 billion investment commitment as part of a U.S.-Japan trade deal, which aims to enhance America's power infrastructure. The projects will be jointly owned by Japan and the U.S. and will be constructed and operated by NextEra Energy, pending further negotiations and project completions.

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