Greater Pittsburgh Chamber of Commerce

07/18/2025 | Press release | Archived content

Pittsburgh Region at the Forefront of $90B Investment Wave

The Pittsburgh region took center stage at Senator Dave McCormick's Pennsylvania Energy and Innovation Summit, drawing President Donald Trump, bipartisan leaders, global CEOs, and major investors to Carnegie Mellon University for a historic national conversation on America's energy and AI future.

The result? More than $90B in private-sector investments were announced or spotlighted - spanning over 20 projects across Pennsylvania, solidifying us as a national leader in energy innovation, data infrastructure, and workforce transformation.

Allegheny Conference on Community Development affiliate, the Pittsburgh Regional Alliance (PRA), plays a strategic role in attracting and enabling these types of investments and in showcasing the region's unparalleled assets.

Major announcements included:

  • Westinghouse + Google AI: Westinghouse will deploy 10 AP1000 nuclear reactors by 2030, resulting in $6B of economic value in Pennsylvania and creating over 15,000 jobs statewide. Westinghouse also announced a collaboration with Google Cloud to use AI tools to accelerate the deployment of the new AP1000 units while implementing powerful AI technologies to optimize the construction and operation of nuclear power plants.

  • GE Vernova: plans to invest up to $100M in its Washington County facility to expand production of critical equipment for the electrical grid and power plants.

  • Homer City Redevelopment plans to buy $15B worth of Pennsylvania natural gas, with EQT Corporation serving as the company's exclusive partner to source and supply the natural gas, to generate 4 gigawatts of power at the Homer City Redevelopment site in Indiana County, creating 1,000 permanent jobs and 10,000 construction jobs.

  • Frontier Group will invest $3.2B to transform the former Bruce Mansfield coal-fired power plant in Beaver County into a new natural gas power generation plant. The project is expected to bring in 15,000 construction jobs and create over 300 permanent jobs, signaling a significant boost for the region's workforce and economy.

  • Duquesne Light Company will invest $2.7B over the next five years to upgrade the safety, reliability and resilience of electrical service and grid infrastructure.

  • FirstEnergy announced a $16B investment to modernize the grid and grow skilled trade jobs.

  • Anthropic + CMU will invest $2M to support energy research and cybersecurity education.

Why Southwestern Pennsylvania Leads the Way

Southwestern Pennsylvania is home to a powerful mix of innovation, higher education institutions, energy infrastructure, workforce readiness, and an emerging business-friendly tax and regulatory environment.

Our region also offers proximity to key markets, significant electrical generation and transmission capacity, and abundant natural gas and water. These assets combine to make it one of the most attractive destinations in the U.S. for companies and investors alike.

Get Involved

As Governor Shapiro said in this week's summit, "Pennsylvania is getting stuff done."

Want to learn how to plug into this momentum?

Greater Pittsburgh Chamber of Commerce published this content on July 18, 2025, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on July 21, 2025 at 16:47 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at support@pubt.io