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NTT DATA Announces 900 MW of Onsite Power Agreement with Bloom Energy Across Multiple Data Center Projects

LCG, November 5, 2026--NTT DATA, an AI, digital business and technology services company, today announced an agreement with Bloom Energy to deploy 900 MW of Bloom Energy's fuel cell technology to power multiple data center projects around the world. The agreement is Bloom Energy's largest international project to date.

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Vistra Announces Acquisition of Cogentrix Energy's 5,500 MW Gas-Fired Fleet is Complete

LCG, November 2, 2026--Vistra Corp. announced on October 30 that, following receipt of all required regulatory approvals, it has completed the acquisition of Cogentrix Energy from funds managed by Quantum Capital Group. The acquisition consists of 10 natural gas-fired power generation facilities totaling nearly 5,500 MW of capacity. The addition of Cogentrix's facilities to Vistra's existing generation portfolio raises Vistra's U.S. generation portfolio to nearly 50,000 MW.

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Industry News

Davis Seizes PG&E's Long-Term Power Contracts

LCG, Feb. 6, 2001California Gov. Gray Davis again used his power of eminent domain yesterday to seize long term power contracts between a state utility and generating companies to prevent their being sold to satisfy the company's debtors.

As he did on Friday when he grabbed contracts belonging to Southern California Edison Co., Davis yesterday seized contracts of Pacific Gas & Electric Co. before they could be liquidated by the California Power Exchange.

The contracts, entered into by SoCal Edison and PG&E in the power exchange's "block forward" market, are for electricity at 6 to 13 cents per kilowatt-hour, EnergyOnline Daily News has learned. This compares with prices of 25 cents to 35 cents per kilowatt-hour the companies have been paying in the spot market.

At a news conference yesterday, Davis told reporters "This will ensure that the price of power is a good deal less than it would be if it went out on the open market. Legislative leaders urged me to take this action and I took it."

Davis said the money to acquire the contracts will come initially from the state's general fund.

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