Catalyst_Chaser
Project Star / $NEE
$NEE — the data-center buildout is also a power-generation story.
NextEra Energy Resources and Related are named developers of Project Star in Encinal, Texas: a planned $22.3B, 6.47 GW gas-power campus serving adjacent data centers.
Initial generation is targeted as early as 2029, subject to permits and approvals. The headline project cost is not NEE revenue.
What would you watch next: permits, power contracts, or construction milestones?
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