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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

Investment in Phillippines' Power Generation Wanting

LCG, Apr. 21, 2004--A substantial amount of power generation reserves enjoyed by the Phillippines may not last through 2007-2008, if investors do not acquire financing to build new plants starting this year or next.

Although reserves were measured at 63 per cent of demand last year, the bankrupt state power utility, Napocor, no longer has a sufficiently strong credit rating to allow it to borrow more from development banks to finance plants. In addition, regulators lowered the rates it could charge, weaking its cash flow situation. Government officials want to sell off the utility's various assets in order to pay off Napocor's debts.

Distribution companies selling electricity at the retail level are now being ordered to submit five-year plans outlining how they will obtain adequate supplies for their customers. In addition, a market system is envisioned that will encourage private investment to provide not only generation but transmission operations.

Given the current forecasts of demand growth, reserves are estimated to fall to 13 per cent in 2008, below the 20 per cent that is seen as necessary to avoid supply disruptions in case of generator outages. If no investment is forthcoming in order to make more capacity available by 2007-2008, security needs might have to be met by reviving older plants that have been shut down.
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