Japan and the United States announced on Thursday the second round of projects ¡ª up to $73 billion in value ¡ª to be financed by Japan¡¯s $550 billion capital commitment made during tariff negotiations last year.
It included up to $40 billion by GE Vernova Hitachi in Tennessee and Alabama to build small modular reactor (SMR) power plants, and up to $33 billion in natural gas generation facilities in Pennsylvania and Texas, according to a Thursday fact sheet issued by the White House. Offtake from these projects is expected to include supplying power to data centers.
The announcement came as Sanae Takaichi made her first visit to the U.S. since becoming prime minister and met with U.S. President Donald Trump at the Oval Office, with the two leaders agreeing on a number of joint economic and defense initiatives.
With your current subscription plan you can comment on stories. However, before writing your first comment, please create a display name in the Profile section of your subscriber account page.