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Japan's JERA announces $3 billion investment to build large gas-fired power plant in the US specifically to support data center load.
Validates data center power as strategic utility capex driver, securing multi-decade fuel supply chain and locking cost structure at hyperscaler scale.
Trade pressSlicast · June 22, 2026 19:01 · US · Source: Google News
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Image / Slicast · Source: GNews/global: "AI data center" power
TOKYO -- JERA, Japan's largest power producer, will build a large gas-fired power plant for a co-located data center in the United States for around 500 billion yen ($3 billion), Nikkei learned on Monday. The move comes as the Japanese company aims to capture the rapidly growing demand for power infrastructure in response to unprecedented investments in artificial intelligence by U.S. tech giants.