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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

Newsmakers

Mark Frevert has been promoted to vice chairman of Enron Corp. He most recently had been chairman and chief executive of Enron Wholesale Services.

Peter B. Smith has joined El Paso Merchant Energy North America as seniormanaging director. He moves to the El Paso Corp. unit after 10 years with HCC Insurance Holdings, Inc.

James K. Vizanko has been named chief financial officer of Allete Inc. A 24-year veteran of the company, he has served as corporate treasurer since 1993.

Greg Whalley has been named president and chief operating officer of Enron Corp. He was most recently president and chief operating officer of Enron Wholesale Services.

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