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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

Terrorist Threat Could Scuttle Maryland LNG Plant

The Federal Energy Regulatory Commission on Friday met with state and local officials to discussnational security concerns connected with restarting a liquefied natural gas plant near the Calvert Cliffs nuclear power plant in southern Maryland.

Last month, FERC gave permission to The Williams Cos. to reopen and expand the company's Cove Point liquefied natural gas plant despite concerns that the facility could be subject to sabotage that would threaten a nearby nuclear plant owned by Baltimore utility Constellation Energy Group.

Massachusetts officials shut down an LNG terminal in Boston following the September 11 attacks on the World Trade Center and the Pentagon. Officials feared an LNG tanker entering Boston harbor could be subject to sabotage, causing massive damage.

Democrat Sen. Barbara Mikulski of Maryland had demanded that FERC reconsider its approval order from last month. "You must carefully consider the fact that the Cove Point facility is within 3.5 miles of the Calvert Cliffs nuclear power plant and the ships that carry liquefied natural gas from Algeria or other countries will be under foreign flag with foreign crews," Mikulski said in a letter to FERC.

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