ONE YEAR LATER, PENNSYLVANIA’S ENERGY AND INNOVATION SUMMIT INVESTMENTS ARE ON TRACK AND GROWING

WASHINGTON - One year ago, Senator Dave McCormick convened the inaugural Pennsylvania Energy and Innovation Summit in Pittsburgh, where leading companies in energy and artificial intelligence announced more than $90 billion in investments, including approximately $50 billion in energy and power projects and $40 billion in data centers, in addition to millions for workforce and AI training. A year later, those commitments are being delivered.

"Nearly one year ago, we welcomed President Trump to Pittsburgh and brought together leaders in energy, technology, labor, and business with one goal: to reinforce Pennsylvania's role as the leader in energy and AI. Today, I'm proud that nearly every investment announced at the Summit is on track or growing," said Senator McCormick. "I'm even more committed to holding everyone-including myself-accountable for delivering an update on these promises. These aren't just headlines; they're game-changing investments that will create tens of thousands of good-paying Pennsylvania jobs, strengthen our communities, and ensure Pennsylvania families benefit from this once-in-a-generation opportunity. Pennsylvania has the energy resources, the skilled workforce, and the innovation ecosystem to power America's future, and we're proving that our Commonwealth will lead the AI and energy revolution for decades to come."

Nineteen of the 20 investments announced or previewed at the Summit are on track, with construction and hiring underway, and in many cases growing beyond what was first announced. View the fact sheet for additional details and updates regarding the investments announced at the 2025 Pennsylvania and Innovation Summit.

Watch how momentum has been built as a result of the 2025 Pennsylvania Energy and Innovation Summit. View the video.

From business leaders and university presidents to elected officials, many have recognized the Summit's role in positioning Pennsylvania as the nation's leader in energy and artificial intelligence. Their reactions underscore the Summit's impact in creating tens of thousands of good-paying jobs, strengthening Pennsylvania's workforce, supporting local communities and businesses, advancing innovation, and cementing the Commonwealth's role in powering America's future.

Blackstone and QTS are executing on their $25 billion commitment, having finalized a roughly 1,700-acre land purchase in Luzerne Country. At last year's summit, Westinghouse committed to constructing 10 new large nuclear power reactors. It has since signed an agreement with the U.S. government for up to $80 billion to build them and recently received $17.5 billion in loans to support the buildout. The Homer City Redevelopment is the largest natural gas power plant under construction nationwide, and the project will, using Pennsylvania gas, put up to 800 MW of power onto the grid. GE Vernova's Charleroi plant is growing, and TC Energy has committed additional capital in Pennsylvania since the Summit.

The momentum has continued. The AI data center hub outside Carlisle, Pennsylvania Digital 1 (PAX-1), which was previewed at the Summit but not announced, is under construction and already expandable to nearly 1.8 gigawatts. Likewise, the Trump Administration and NextEra have announced the South Mon project, which will generate over 4 GW of natural gas-fired energy. The Commonwealth is leading America's energy and AI future.

WHAT THEY'RE SAYING:

"We're back in Pittsburgh to announce the largest package of investments in the history of the Commonwealth of Pennsylvania…This is a triumphant day for the people of the Commonwealth and the people of America." - Remarks by President Donald J. Trump at the 2025 Pennsylvania Energy and Innovation Summit

"One year ago, we were honored to attend Senator McCormick's energy and innovation summit…We also have tremendous momentum - projects that create jobs and have positive impacts on communities, positioning Pennsylvania at the forefront of the AI revolution for decades to come." - Jon Gray, Blackstone President

"We're really excited about the progress that's been made in such a short period of time. A state-of-the-art natural gas power generation facility. 100 to 200 million dollars a year of royalties paid to the communities. It's going to be about manufacturing intelligence. Industry lives here in Pittsburgh. And thank you to Senator McCormick's leadership." - Toby Rice, EQT CEO

"All the projects discussed here aren't just about energy and innovation. They're about job creation. There is no workforce more prepared to build the future." - Remarks by Brandon Bishop, North America's Building Trades Unions Treasurer, at the 2025 Energy and Innovation Summit.

"I want to take the opportunity to salute my good friend. He's put together this incredible AI and energy event, and he and I are going to continue to work together to fight for Pennsylvania and for our nation." - Senator John Fetterman

"The energy and innovation summit was the standout event of last year. The groundwork we laid at the summit helped forge an incredible partnership for our Pittsburgh-based nuclear company, Westinghouse. This led us to signing a game-changing $80 billion deal with the US government. That's real investment benefiting the people of Pennsylvania." - Bruce Flatt, Brookfield CEO

###