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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

Alliant Completes Consolidation of Iowa Units

LCG, Jan. 7, 2002--Alliant Energy Inc. said on Friday that is has completed the combination of two of its operating utilities, IES Utilities Inc. and Interstate Power Co., both in Iowa. The new name for the two companies is Interstate Power and Light Co.

The combination of the two Iowa utilities is one of the final touches of the Alliant Energy merger in 1998. Customers will see a new bill format during the second quarter of 2002 to reflect the new name of Alliant Energy's Iowa utility, the company said.

Madison, Wisc.-based Alliant Energy provides electric, natural gas, water and steam services to more than three million customers worldwide, the company said in a news release.

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