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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

Southern in Deal to Bid on Enel Generation Unit

LCG, July 28, 2000--The Southern Co. of the U.S. and Italian conglomerate CIR said in a joint statement this morning that they "will create a consortium with the aim of buying one of the generatingcompanies that (Italys state-owned electric company) Enel must sell in the upcoming months."

Under rules adopted by the European Commission, Enel will have to divest itself of some 15,000 megawatts of generation by 2003. On order to do so, the company is forming separate generation companies grouping its power plants.

In their statement, Southern and CIR said "The two largest companies, Eurogen of 7,000 megawatts and Electrogen of 5,400 megawatts, are particularly interesting."

Southerns investment would be made through its Southern Energy subsidiary, which already has a European presence with its majority interest in Germanys Bewag and a power trading company in The Netherlands.

"CIR and Southern Energy intend to develop their generating activity and commercialization of energy to create one of the leading Italian groups and an important operator at a European level," the statement said.

Southern Energy may also build new natural gas-fired power plants in Italy, the statement added.

CIR would make its investment through a subsidiary, Energia Italiana.

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