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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

CA Supreme Court Takes Over Edison Utility Case

LCG, November 21, 2002-The Supreme Court of California took control of the Southern California Edison utility rate hike case yesterday.

The Utility Reform Network (TURN) challenged a financial plan approved by the California Public Utilities Commission for utility Southern California Edison.

During the later stages of the California energy crisis, utilities like Southern California Edison had financial trouble because they could not handle the high cost of wholesale power. The California PUC then made an agreement with Edison in 2001, allowing temporary rate hikes to persist for two years. Rate hikes will have provided the utility with an addition $3 billion in revenue.

TURN filed suit, alleging that the settlement between the PUC and the utility was forcing utility customers to pay high prices to cover costs that rate hikes were not intended to address.

The case, which was being heard by the 9th U.S. Circuit Court of Appeals, was turned over to the California Supreme Court because the PUC was found to have broken laws under deregulation.

The federal court had found that state open-meeting laws were violated since the settlement between the PUC and Edison was made in private.

Southern California Edison, a subsidiary of Edison International, serves 4.3 million customers in Southern California.

While no date has been set for a ruling, the Supreme Court has made a five-month briefing schedule.

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