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Data Center Customer Adds 620 MW Order for INNIO's J624 Gas Engines

LCG, October 23, 2026--INNIO N.V. yesterday announced a 620 MW follow-on order from a developer and operator of mega-scale data center campuses in the United States. Together with the customer's 1.1 GW order announced previously in July, the new order brings cumulative orders from the customer to approximately 1.72 GW this year.

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The Nuclear Company Announces a 6.6 GW Nuclear Project to Commence Construction by 2030 in Kentucky

LCG, October 21, 2026--The Nuclear Company today announced a proposed nuclear energy campus in Kentucky that could potentially provide 6.6 GW of electric generating capacity. The Prosperity One nuclear energy campus, located along the Ohio River in eastern Kentucky, could accommodate up to six Westinghouse AP1000 reactors and would be the largest nuclear power generation site in the nation if fully constructed.

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Industry News

India's Financial Credibility on the Ropes

LCG, June 4, 2001"There has been a lot of slippage" over the past year in India's efforts to build credibility with foreign investors, according to Moody's Investors Service which has pegged the country's credit at Ba2, two notches below investment grade since mid-1998, but Moody's has no plans to change its positive outlook for the time being.

"We do discuss whether the rating is appropriate given the risks we see and whether the positive outlook is still warranted," Kristin Lindow, Moody's lead India analyst, said Friday, "But as of this moment we have not decided to change that."

Standard & Poor's said last week that it was concerned about the size of India's budget deficit and on Thursday a third credit rating agency, Fitch, lowered its rating outlook on India's sovereign debt from stable to negative, citing deterioration of the nation's foreign investment climate.

India's financial credibility suffers from high combined deficits of the federal and state governments, amounting to about 10 percent of gross domestic product, insufficient budget cutting efforts and problems associated with Enron Corp.'s investment in a huge power project in Maharashtra state.

Enron's Dabhol Power Co. is the single largest foreign investment in India and is in danger of collapse, due to failure of the Maharashtra State Electricity Board to honor contracts signed in the mid-1990s.

"The dispute indicates that India's government may not be willing to live up to its contractualobligations," Lindow said. "As a consequence, this would further deter foreign direct investment fromcoming into the country."

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