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SB Energy Tapped for Proposed 9 . 2 ‑ GW Ohio Gas Power Plant in First Tranche of $550B U . S .– Japan Deal : What We Know

The Trump administration is touting a proposed 9.2‑GW natural gas power complex near Portsmouth, Ohio, as the centerpiece of a new U.S.–Japan trade deal that officials say could steer up to $550 billion of Japanese capital into American energy and industrial projects. According to a Feb. 17 Commerce Department fact sheet and a statement by Commerce Secretary Howard Lutnick, the “Portsmouth Powered Land Project” would be a 9.2‑GW, $33 billion natural gas plant in the vicinity of Portsmouth, operated by Japanese conglomerate SoftBank’s U.S. affiliate, SB Energy. Billed as one of the “largest natural gas generation projects in the world,” the facility “represents a strategic initiative to create an integrated platform capable of supplying reliable, large‑scale, dispatchable energy,” the Commerce Department said. But beyond those claims, neither the government nor the developer has released other basic details such as plant configuration, permitting path, interconnection plan, financing structure, or target in‑service date. Some politicians have suggested more details may be forthcoming in President Trump’s S

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