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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

Calpine Buys 500 Megawatt Project from PG&E

LCG, July 11, 2001--Calpine Corp. and PG&E National Energy Group said jointly yesterday that Calpine has completed the acquisition of the 500 megawatt Otay Mesa power project in San Diego County, Calif. for an undisclosed sum.

The Otay Mesa project has been in development by the PG&E unit for three years, and was finally approved by the California Energy Commission in April. Calpine will begin construction this summer, with commercial operation penciled in for mid-2003.

Under terms of the sale, Calpine will build, own and operate the facility and PG&E National Energy Group will contract for up to 250 megawatts of output under a 10-year tolling arrangement. Calpine will market the balance of the output through its energy services group.

"This project will directly address the electricity supply imbalance that currently exists in San Diego County," said Ron Walter, Calpine's senior vice president for business development. "Otay Mesa is an important component needed to ensure price stability and power reliability for San Diego and all of California."

The project is located within a 46-acre property on the eastern portion of Otay Mesa, near the base of the San Ysidro Mountains, approximately 1.5 miles from the United States-Mexico border.

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