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Meta Announces Up to 6.6 GW of Nuclear Projects to Power American AI

LCG, January 9, 2026--Meta today announced new, landmark agreements that will (i) extend and expand the operation of three existing nuclear power plants and (ii) drive the development of advanced nuclear technology. Meta's new agreements with Vistra, TerraPower, and Oklo follow Meta's request for proposals (RFP) issued last month. Meta expects these projects to deliver up to 6.6 GW of new and existing clean nuclear energy by 2035.

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Babcock & Wilcox Selects Siemens Energy to Supply Steam Turbine Generator Sets for Massive Applied Digital Data Center Power Project

LCG, January 8, 2026--Babcock & Wilcox (B&W) announced today that it has selected Siemens Energy to provide steam turbine generator sets for B&W’s groundbreaking project to install and deliver one GW of power for an Applied Digital AI Factory. B&W and Siemens have entered into an agreement for a limited notice to proceed to secure the turbine sets, which will enable B&W to deliver power for the project by the end of 2028. The estimated cost of the project is approximately $2 billion. The full contract release is expected in the first quarter of 2026.

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Industry News

Newsmakers

James M. Clarke has been appointed vice president for risk management and capitalallocation by Nisource Inc. Most recently risk management officer for the company, he will assume the additional responsibilities of enterprise-wide capital allocation as Nisource integrates its resources with those of Columbia Energy Group.James C. Collins has been named vice president for business development by Texas Independent Energy, a 50-50 joint venture of Panda Energy International Inc. of Dallas and PSEG Global Inc. of New Jersey. He was formerly a regional marketing executive for Louisville Gas & Electric Co.Byron T. Gannaway has been named vice president for fuels management by Texas Independent Energy, a 50-50 joint venture of Panda Energy International Inc. of Dallas and PSEG Global Inc. of New Jersey. He most recently was director of fuels acquisitions with Panda. Fred E. Meisenheimer has been named vice president and controller by Atmos Energy Corp. He joins Atmos from Vartec Telecom Inc., a privately-held telecom services provider,where he was controller and responsible for all accounting and treasury operations.
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