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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

NRG, Dynegy Acquire Two Plants from Nevada Power

LCG, Nov. 20, 2000--NRG Energy Inc. and Dynegy Inc. announced jointly this morning that they will purchase two Las Vegas-area power plants with a combined capacity of 1,330 megawatts from the Nevada Power Co. subsidiary of Sierra Pacific Resources.

The 740 megawatt Clark Generating Station located in southeastern Las Vegas consists of 10 natural gas-fired units that can burn fuel oil as a backup.

The 605 megawatt Reid Gardner Generating Station, located 52 miles northeast of Las Vegas, consists of four baseload coal-fired units. Three 110 megawatt units are wholly owned by Nevada Power while a fourth 275 megawatt unit is jointly owned by Nevada Power and the California Department of Water Resources.

NRG and Dynegy will acquire Nevada Power's 85 percent interest in the fourth Reid Gardner unit and the California water agency will retain its 15 percent interest.

The sale of generation assets is a regulatory condition of the 1999 merger between Sierra Pacific Power Co. and Nevada Power Co. that formed Sierra Pacific Resources. Last month, NRG was named the successful bidder for Sierra Pacific's 50 percent interest in the 522 megawatt coal-fired North Valmy Generating Station and 100 percent interest in 25 megawatts of peaking units in northern Nevada.

The acquisition of Clark and Reid Gardner includes a transitional power purchase agreement for Nevada Power to purchase energy and ancillary services until March 1, 2003 under a contract the companies say will help provide price stability for its customers throughout the transition to an open market in Nevada.

The transaction is subject to approvals from the Federal Trade Commission, the Federal EnergyRegulatory Commission and the Nevada Public Utilities Commission. It is expected to close duringthe second quarter of 2001, the companies said.

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