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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

Virginia Begins Hearings on Dominion Restructuring

LCG, Oct. 12, 2001--The Virginia State Corporation Commission began hearings yesterday to decide whether to allow Dominion Resources Inc. to create an unregulated electric generation company, separate from its from Virginia Electric & Power Co. subsidiary.

Dominion wants the separate power producer in place when electricity deregulation takes effect in the Old Dominion on January 1.

Dominion Resources, which is already a holding company, favors a complete "legal separation" of its entities, which would create a new company called Dominion Generation, into which it would transfer generating assets belonging to Virginia Power.

That's the "cleanest, safest, easiest to monitor and the most effective way" to accomplish its goals, James C. Roberts, the company's lawyer, told the commission.

Dominion Generation would do business as a power wholesaler throughout the U.S. Mid-Atlantic region, and would be regulated by the Federal Energy Regulatory Commission rather than by Virginia.

The commission staff prefers a less complete separation that would keep the power producing assets under its regulatory oversight.

The commission will conduct several days of hearings with testimony expected from at least 15 parties. Included among them are alternative energy providers who are concerned that Dominion would restructure its power producing costs in a way that would make it impossible for them to compete with the entrenched company.

Some consumer advocates have expressed concern over "cost shifting" -- the possibility that Dominion would, when unbundling its retail electric rates, assign some generation costs to distribution in order to keep its wholesale rates below market values.

One member of the commission staff recommended caution. "This is not the time to take sweeping and irremediable actions," William Chambliss said.

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