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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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Constellation Completes Acquisition of Calpine

LCG, January 7, 2026--Constellation today announced that it completed its acquisition of Calpine Corporation from Energy Capital Partners (ECP). Constellation is now the largest producer of electricity in the U.S., with electric generation facilities across the nation.

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Industry News

Eastern Heat Wave Ends; Storms Disrupt Power

LCG, Aug. 13, 2001--A week-long heat wave in the U.S. Northeast came to an end Friday with very few disruptions of electric power despite record temperatures being set almost everywhere. But the storms that cooled the countryside did plenty of damage.

Gale force winds, rain and lightning roared through the region, leaving a trail of fallen power lines and disrupting electric service to more than 100,000 customers.

On Long Island, more than 9,000 lightning strikes were detected during a storm that began around 3:30 Friday afternoon. More than 60,000 households lost power. Another 20,000 customers saw their lights blink out in Brooklyn, Westchester, Staten Island and the Bronx.

In Connecticut, almost 40,000 lost power and another 11,000 in New Jersey were hit. In Philadelphia, at least 40,000 were affected by outages and thousands more in Boston.

Michael Clendenin, a spokesman for Consolidated Edison Co. of New York, said "In most cases it's lightning or wind or both striking power lines," he said. "We have dozens of reports of lightning strikes and wires being blown down or a combination of the two."

While the Northeast weathered the heat with minimum power disruptions, it wasn't as lucky in weathering some real weather.

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