US and South Korea Launch $22.3 Billion Texas Gas Power Project for AI Data Centers

South Korea: Texas gas power project will supply 6.47 GW of electricity, with commercial operations expected by 2029 South Korea: Annual US investment capped at $20 billion under a legally binding operating agreement Profit sharing on US investments will remain 50-50 until South Korea recoups the investment principal for individual projects Seoul and Washington will review the Alaska LNG pipeline and export terminal project, which will proceed only if commercial and legal conditions are met South Korea is seeking equity investments by Korean companies in Westinghouse