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South Korea Eyes $22.3 Billion Texas Gas Plant to Power AI Data Centers

South Korea has agreed to invest $22.3 billion in a natural gas power plant in Texas with a 6.3 GW capacity to supply energy to data centers, marking its first major investment under a new trade agreement with the Trump administration. The commitment is part of a broader $350 billion investment pledge by Seoul in exchange for more favorable tariff terms, and reflects a pattern of Asian nations investing in U.S. energy infrastructure to secure trade advantages.

about 19 hours ago

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