ComputeLabs Research

Project Star, Texas’s $22.3 billion AI-data-center gas-power project, targets 6.47 gigawatts and commercial operation by 2029.

· ComputeLabs Research · from the September 30, 2026 edition

The supplied reports identify Project Star as a $22.3 billion energy-infrastructure campus in Encinal, Texas, jointly developed by Related Companies and NextEra Energy, with Lewis Energy Group participating. The US Department of Commerce and South Korean government announced strategic investment in the project.

A South Korean government-attributed message describes the Texas gas-power project as intended to supply AI data centers, with 6.47 gigawatts of planned generation capacity and commercial operation targeted by 2029. The capacity figure refers to electricity generation, not installed data-center IT load or accelerator capacity.

The project was presented within a broader $200 billion package of US energy-investment plans under South Korea’s previously announced $350 billion US investment commitment. Separately, the South Korean government described a legally binding operating framework with a $20 billion annual investment ceiling and 50:50 profit sharing until South Korea recovers the investment principal for all individual projects; the messages do not provide a Project Star-specific financing schedule.

NextEra said Project Star was expected to create 8,400 jobs during peak construction, which remains a company projection. The supplied reports establish an investment announcement and development targets, not financial closing, completed construction, or operating generation capacity.

  • Project Star

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