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Seoul Picks Texas Gas Plant as First $200B US Investment

By Stocks Desk · · Updated 2026-09-22 04:03 UTC
A large industrial gas turbine power plant with cooling towers and piping infrastructure
Illustration: Tradingbird, based on a photo published by The Korea Herald

South Korea has designated a 6.3 GW gas facility in Encinal, Texas, as the first asset under its strategic US investment framework, while also weighing nuclear reactor construction and a stake in Westinghouse to fulfill broader trade obligations.

  • The Lufkin Daily News reports that Seoul is evaluating additional energy commitments, including potential equity stakes in Westinghouse and the construction of two APR1400 nuclear reactors, alongside the confirmed Texas gas plant.

    Source: The Lufkin Daily News

  • South Korea selects a 6.3 GW gas turbine project in Encinal, Texas, as the inaugural asset under its strategic US investment framework.

    Source: The Korea Herald
Based on reporting by The Korea Herald and The Lufkin Daily News, compiled by the Tradingbird desk.

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