SoftBank takes $3.7 billion loss on natural gas turbine investments

Japanese conglomerate SoftBank is writing down billions in stranded natural gas generation assets, signaling a shift away from fossil fuel infrastructure as AI data center demand reshapes energy investment priorities.

First covered Nov 11, 2026 · 4:15 PM PT · 1 article

SoftBank takes $3.7 billion loss on natural gas turbine investments — Image via heatmap.news

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tomshardware.com Softbank loses $3.7 billion on canceled AI data center gas turbine orders days after denying Elon Musk’s claim it was defaulting — company kills reserved 13 gigawatts of power, more than six Hoover Dams’ worth of capacity

bloomberg.com Power Turbine Stocks Dip as SoftBank Loss Fuels Fears - Bloomberg

cryptobriefing.com SoftBank takes $3.7 billion hit after over-ordering turbines for AI data centers

panabee.com SoftBank's $3.7 Billion Turbine Loss: Why Not Resell the Slots?

thedeepdive.ca SoftBank Denies Elon Musk's Turbine Default Claim Amid $3.7 Billion Loss

Appeared in: 2026-11-12 (#1)

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SoftBank takes $3.7 billion loss on natural gas turbine investments

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