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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

Agreement for Long Island Generation Signed

LCG, Apr. 9, 2002--The Long Island Power Authority and PPL Corp. have set in motion plans for two 44-megawatt units to be built by 2003 in Freeport, NY.

The terms discussed by the parties would have the output of one unit secured for LIPA under a power-purchase agreement. The other unit would be owned by Freeport, which would operate both units, which are to burn natural gas, and oil as a backup fuel. The site is now home to an oil-fired plant used by the Freeport Municipal Electric Utility. That plant will be decommissioned to make way for the new turbines.

Operations are expected to begin in the summer of 2003, following approval by the governing bodies of PPL and LIPA.
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