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On July 15, 2025, President Donald Trump and Senator Dave McCormick unveiled a sweeping $92 billion investment package at the inaugural Pennsylvania Energy and Innovation Summit held at Carnegie Mellon University. The initiative positions Pennsylvania as a national hub for artificial intelligence infrastructure and energy modernization.
💼 Investment Breakdown
- $36 billion allocated to data center development
- $56 billion directed toward energy infrastructure projects
Major contributors include:
- Google: $25B for AI-ready data centers and $3B to modernize two hydroelectric plants in Lancaster County (Holtwood and Safe Harbor)
- Blackstone: $25B for data center and energy infrastructure in Northeast Pennsylvania
- CoreWeave: $6B for a new data center in south-central Pennsylvania
- Frontier Group: Plans to convert the Bruce Mansfield coal plant into a natural gas facility
🔋 Strategic Goals
The investments aim to:
- Meet surging electricity demand from AI and cloud computing
- Enhance grid reliability and energy independence
- Create thousands of construction and permanent jobs across the state
Brookfield Asset Management President Connor Teskey emphasized hydropower’s role in supporting hyperscale energy needs:
“Delivering power at scale and from a range of sources will be required to meet the growing electricity demands from digitalization and artificial intelligence”.
🏛️ Political and Industry Support
The summit drew bipartisan participation and top executives, including:
- Gov. Josh Shapiro
- ExxonMobil CEO Darren Woods
- Chevron CEO Mike Wirth
- BlackRock CEO Larry Fink
Senator McCormick described the initiative as a catalyst for “good-paying jobs, energy independence, and the AI revolution”.
🌐 Regional Expansion
Beyond Pennsylvania, Starwood Capital Group and PBF Energy have proposed a 6 million sq. ft. data center in New Castle County, Delaware, expected to create 900 permanent jobs, making it one of the largest in the U.S..
