Fact-check · Oct 13, 2026
“$22,300,000,000 for a six gigawatt”
TRUE
What the record shows
South Korea committed $22.3 billion for a 6.47-gigawatt natural gas power plant in Encinal, Texas, announced September 30, 2026. This is the finalized portion of the broader energy investment package.
The $22.3 billion figure and approximately 6-gigawatt capacity are confirmed by multiple independent sources reporting on South Korea's official announcement and commitment.
Sources
- Trump Unveils $200 Billion in South Korean Energy Investments
- Trump Unveils $200 Billion South Korean Investment In U.S Nuclear Power Plants And Alaska LNG
- Trump says South Korea to invest $200 billion in U.S.
- Trump Unveils $200 Billion in South Korean Energy Investments
- Trump Unveils Up to $200bn South Korea Investment Plan Including Eight Large-Scale US Nuclear Power Plants
- Trump announces $200B South Korean investment in US energy projects - TRT World
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