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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

California Attorney General Files Suit Against Four Power Companies

LCG, April 10, 2002-Once again, California's Attorney General Bill Lockyer has filed suit against energy companies, this time for alleged profiteering.

Lockyer sued Mirant Corp., Williams Cos Inc., Coral Power, and Powerex Corp. for over $1 billion, accusing companies of "charging unjust, unreasonable and illegal rates for electricity during California's recent energy crisis."

In March Lockyer sued Mirant, Reliant Energy, Dynergy, and Williams for allegedly selling energy bought for reserve, or "double-billing."

The companies deny the charges, and according to the Associated Press, Mirant spokesman Patrick Dorinson asserted, "Suing energy companies might make great election-year politics, but it makes horrible long-term energy policy."

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