Contributed INVESTING BILLIONS — Project partners and regional leaders on Wednesday celebrated the completion of the Trumbull Energy Center (TEC), a $1.2 billion investment in Trumbull County that strengthens the region's energy infrastructure and supports growing demand for electricity across Ohio and the Midwest.

LORDSTOWN — Project partners and regional leaders on Wednesday celebrated the completion of the Trumbull Energy Center (TEC), a $1.2 billion investment in Trumbull County that strengthens the region’s energy infrastructure and supports growing electricity demand across Ohio and the Midwest.

Representatives from the Republic of Korea, project owners, regional economic development organizations and local government officials participated in the ceremony, which concluded with a ribbon-cutting marking completion of the facility.

The ceremony celebrated both completion of the project and the partnerships that helped bring it from concept to operation.

Located in Lordstown, the natural gas-fired combined-cycle facility is designed to provide clean, reliable and efficient power generation while helping meet increasing electricity demand driven by advanced technologies, artificial intelligence and data centers. The facility has the capacity to power approximately 900,000 homes and is among the most significant energy infrastructure investments in the region’s recent history.

The facility is owned by Korea Southern Power Co. Ltd. (KOSPO), Korea Overseas Infrastructure and Urban Development Corp. (KIND) and Siemens Energy. Construction was led by Gemma Power Systems LLC, a Connecticut-based company that develops, designs, builds, commissions and operates large-scale power projects.

Financial close for the project occurred in November 2022, and site work began the following month. The facility entered commercial operation in January 2026.

“The completion of Trumbull Energy Center marks a significant milestone not only for our company, but also for the communities and industries we serve. This 953-megawatt combined-cycle facility was developed to help meet the growing demand for reliable and efficient power across the Midwest, particularly as the rapid expansion of AI technologies and data centers continues to drive electricity consumption throughout the region,” said Logan Choi, president and CEO of Trumbull Energy Center.

“As a representative of TEC and KOSPO, I am proud that this project demonstrates the capability of a Korean public energy company to successfully develop, finance and operate major energy infrastructure in the United States. Together with our partners, Siemens Energy and KIND, we have invested more than $1.2 billion in a project that will provide electricity to approximately 900,000 homes while supporting economic growth, job creation and long-term investment in the local community,” Choi said.

“We remain committed to being a trusted partner in the U.S. energy market and to further strengthening the economic and energy partnership between the United States and Korea through continued investment and collaboration,” he said.

The ceremony also included presentations of official recognitions marking completion of the project from the offices of U.S. Reps. Dave Joyce and Mike Rulli, U.S. Sens. Bernie Moreno and Jon Husted, and Ohio Gov. Mike DeWine and Lt. Gov. Jim Tressel. The recognitions were accepted on behalf of Trumbull Energy Center by Choi.

Recognition presentations also were made honoring organizations that contributed to the project’s development. KOSPO, Siemens Energy, KIND and the city of Warren were recognized for their leadership, partnership, investment and support in bringing TEC from concept to completion.

The ceremony also recognized the project’s refinancing, which included a $200 million Korea Term Loan A facility and a $625 million U.S. Term Loan B facility. Completed shortly after the start of commercial operations, the refinancing was described as an unprecedented achievement in the power sector and a new benchmark for project finance transactions.

The project generated significant economic activity during construction, including more than $416 million in direct spending in Trumbull and Mahoning counties. Construction averaged 400 jobs over approximately three years, with a peak of 600. The project also supported 500 jobs in Trumbull and Mahoning counties during construction and generated about 2 million labor-hours at the site.

From construction through its 40 years of operation, TEC is expected to generate an estimated $1.8 billion in economic activity and payments for local services, as well as payments to schools and governments in the region. During its first 15 years of operation, TEC will contribute an average of $1 million per year to the Lordstown Local School District. The project also is expected to contribute approximately $5.7 million to the village of Lordstown during operations.