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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

1,168 MW of Allegheny Energy New Generation Canceled

LCG, July 23, 2002-Allegheny Energy has decided to cancel an Arizona plant project because of market conditions.

The La Paz County plant in question has been cancelled because of low wholesale energy prices.

The energy company has also decided to limit its staff by 10 percent and cancel the second phase of a combined cycle plant in Saint Joseph County, Indiana which otherwise would have added 630 MW capacity.

The cancellations come as energy companies nationwide limit expansion, canceling and suspending projects in light of decreased trading and low wholesale prices.

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