Thu, Feb 19

NEWS: SoftBank to spend an eye-popping $33B to build huge U.S. gas power plant

SoftBank subsidiary SB Energy is planning a $33B, 9.2 GW gas plant on the Ohio-Kentucky border—the largest power plant in the US if completed. (TechCrunch)

  • SB Energy hasn't disclosed whether the plant would feed the grid or power data centers, but the connection is hard to miss—SoftBank is OpenAI's partner in its Stargate project and is already building a proof-of-concept data center at GM's former Lordstown assembly plant in Ohio.

  • Reality check: Gas turbine shortages alone could stretch the build timeline to a decade, and the cost-per-MW exceeds even the already-surging prices for new gas generation.

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