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NTT DATA Announces 900 MW of Onsite Power Agreement with Bloom Energy Across Multiple Data Center Projects

LCG, November 5, 2026--NTT DATA, an AI, digital business and technology services company, today announced an agreement with Bloom Energy to deploy 900 MW of Bloom Energy's fuel cell technology to power multiple data center projects around the world. The agreement is Bloom Energy's largest international project to date.

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Vistra Announces Acquisition of Cogentrix Energy's 5,500 MW Gas-Fired Fleet is Complete

LCG, November 2, 2026--Vistra Corp. announced on October 30 that, following receipt of all required regulatory approvals, it has completed the acquisition of Cogentrix Energy from funds managed by Quantum Capital Group. The acquisition consists of 10 natural gas-fired power generation facilities totaling nearly 5,500 MW of capacity. The addition of Cogentrix's facilities to Vistra's existing generation portfolio raises Vistra's U.S. generation portfolio to nearly 50,000 MW.

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Industry News

Utility and FERC Attempt to Block Moves by Bankrupt Mirant

LCG, Sept. 5, 2003--Mirant Corp. is attempting to cancel $700 million worth of money-losing power supply contracts it signed with Pepco, a utility serving Washington, DC and surrounding areas, while Pepco and the Federal Energy Regulatory Commission say that the bankruptcy court overseeing Mirant's reorganization lacks the proper authority to allow such a move.

Mirant, having filed for bankruptcy on July 14, requested that the bankruptcy court allow it to be released from deals in which it sold power to Pepco from plants formerly owned by Pepco, as well as from existing purchase agreements it acquired from the utility. FERC officials, having filed jointly with the U.S. District Court for Northern Texas U.S. on the matter, contend that only FERC should be able to release Mirant from contracts.

A temporary restraining order was issued by the bankruptcy court that barred FERC from issuing any orders concerning Mirant's deals with Pepco. It does not appear likely that, whatever the outcome, Pepco will need to consider the possibility of losing its power supply. Mirant wishes to renegotiate its existing deals. Several deals it is trying to revise are with companies other than Pepco, such as a tolling agreement with a 725-megawatt plant in Texas, Cleco's Perryville. Cleco has said it will seek damages if the contract is cancelled by the bankruptcy court.
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