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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

Calpine Prepares Oklahoma Plant for July

LCG, Apr 26, 2002--A gas-fired power plant in northeastern Oklahoma is nearing the completion of its first stage of construction, and according to merchant developer Calpine Corp., should start producing power in July.

The Oneta Energy Center in Wagoner County, near Coweta, will produce 570 megawatts this year, and by February of 2003, is expected to have another 570 megawatts online. Calpine will own and operate the plant, and output will be sold to the wholesale market.

Currently, there are approximately 20 gas-fired independent power plants on the ground or in development in Oklahoma.
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