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SoftBank, GE Vernova among firms interested in Japan’s $550 billion US investment package

By Thomson Reuters Oct 28, 2025 | 4:09 AM

TOKYO (Reuters) -About 20 companies from Japan and the U.S. have expressed interest in projects that are part of Tokyo’s planned $550-billion investment package, a factsheet issued by the two countries showed on Tuesday.

The companies include SoftBank Group, Westinghouse, GE Vernova and Hitachi, according to a list of projects that are worth up to around $400 billion.

Japan has said its $550 billion investment package, agreed upon under its tariff deal with Washington in September, would include equity, loans and loan guarantees from state-owned agencies.

Westinghouse is looking at building pressurized water reactors and small modular reactors in projects worth up to $100 billion, involving Japanese suppliers like Mitsubishi Heavy Industries, Toshiba and IHI.

A consortium that includes GE Vernova and Hitachi is also considering building small modular reactors.

SoftBank is interested in a $25 billion project to develop large-scale power infrastructure.

Carrier could supply thermal cooling systems for power infrastructure and Panasonic could build energy storage systems.

(Reporting by Makiko Yamazaki; Editing by Clarence Fernandez and Thomas Derpinghaus)