-+ 0.00%
-+ 0.00%
-+ 0.00%
South Korea Follows Japan's Playbook With $22.3 Billion Texas Gas Bet
Share
Listen to the news
Ten months, one tariff threat and several "sleepless nights" later, South Korea has finally found somewhere to put the first piece of the $350 billion it promised to invest in America. The winner is a gas-fired power complex in Encinal, Texas (population 540, where real estate is about to go ballistic), and it is built to feed the one thing Washington can never get enough of: electricity for data centers and chip fabs. According to the FT, Seoul this week chose the proposed $22.3 billion, 6.3-gigawatt complex. The White House could…
Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
What's Trending