Trump’s $33 Billion Ohio Gas Project Is Short on Details (1)

Feb. 20, 2026, 1:18 PM UTC

President Donald Trump’s $33 billion deal with Japan to build the largest US gas power project in Ohio hasn’t secured binding commitments, still needs to lock in equipment suppliers and was a complete surprise to the state’s regulator and grid operator.

Japan’s trade ministry and local media identified SoftBank Group Corp. and Panasonic Holdings Corp. as among at least 13 Japanese companies or organizations that are tied to the project. However, none of those entities confirmed they had signed anything binding or committed investments, when contacted by Bloomberg News.

A White House official said that since the project was just ...

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