South Korea’s People Power Party is challenging the government’s decision to deem a $350 billion U.S. investment project commercially rational before key revenue guarantees are finalized. The first project is a gas-fired combined-cycle power plant in Encinal, Texas, which the government says could recover about $45 billion over 20 years by supplying electricity to artificial intelligence data centers and other customers. However, the central power purchase agreement (long-term contract for electricity sales) has not been signed, and the government reportedly lacks a U.S. government commitment to conclude one. The party says delays or cancellations involving data centers could reduce returns and shift losses onto taxpayers. The government says it will maintain a 50-50 profit split until principal and interest on all U.S. investment projects are recovered. The dispute also concerns parliamentary oversight: under the special act governing strategic investment between the Republic of Korea and the United States, projects deemed commercially rational require only a report to the National Assembly, while projects lacking that status must receive parliamentary consent before talks begin. The government told lawmakers that only the Encinal project had been approved to proceed, while plans for eight U.S. nuclear reactors and an Alaska liquefied natural gas project remained unfinished. A possible Westinghouse stake is under discussion in the nuclear sector.