OKLAHOMA CITY (KFOR) — Governor Kevin Stitt, along with Chickasha leaders, announced plans for a massive industrial park and power generation partnership in Chickasha, calling it a transformative $3.5 billion investment—but offered few specifics about what exactly is coming, and when.
Governor Stitt joined local officials Thursday on an empty property near Chickasha’s airport to unveil the project.
Officials say the industrial park will house aerospace, manufacturing, and other high-demand industries, potentially creating thousands of jobs.
The development is being spearheaded by Chet Hitt, a developer from California.
“This announcement marked the beginning of a new chapter for Chickasha,” Hitt said. “It’s a step that will bring opportunity, growth, and future prosperity to our community.”
The project also includes a joint venture between an Oklahoma City investment firm, Citizen Capital, and Las Vegas-based Lightfield Energy.
Together, they plan to build what they call “behind-the-meter” energy systems—an on-site power generation plant meant to serve high-load energy users like data centers.
“Our partnership with Lightfield Energy represents a strategic investment for national security, critical supply chains, energy independence, and economic development,” said Citizen Capital Executive Chairman Bond Payne.
Governor Stitt said the plan was made possible by a new law passed by the Oklahoma Legislature, allowing private entities to generate their own power on-site without joining the traditional grid.
Stitt held a ceremonial signing of the bill during Thursday’s announcement.
“When government gets out of the way and just let business innovate, that’s when the magic happens. That’s when you see companies growing, and you see companies moving from states like California to states like Oklahoma that are the most business-friendly states in the country,” Stitt said.
But the announcement did not include any specific details about the who, what, or when of the project.
Officials did not share a development timeline, what kind of fuel source they plan to use at the power plant, or any names of potential companies that plan to be tenants at the park, nor how many, if any, are currently on board.
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