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SoftBank's $33bn Ohio gas plant: World's largest power project faces scrutiny

Financial Times Companies •
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SoftBank is pushing forward with a massive $33 billion gas-fired power plant in Ohio, aiming to create the world's biggest such facility. The project, which would dwarf existing plants, represents a significant bet on natural gas infrastructure. SoftBank announced plans to build the plant, which would generate 2.8 gigawatts of electricity, positioning it as a major energy player. Critics question whether the price tag justifies the investment, especially amid growing climate concerns and competition from renewable energy sources.

The scale of the project highlights SoftBank's continued focus on large-scale energy infrastructure despite market volatility.