Monday, March 23, 2026

NextEra Bets $16 Billion That Texas Demand Is Real

NextEra's $16 billion Project Anderson, a 5.2GW natural gas plant in Anderson County backed by a U.S.-Japan joint venture and anchored by Google and Meta PPAs, is the largest single generation bet on Texas data center demand ever filed. With $700 billion in U.S. projects planned and community opposition blocking $98 billion in Q2 2025 alone, the developers who close on power, water, and local relationships simultaneously are the ones who will actually build.

Loading briefing...