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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

Buena Vista Wind Project Delivers Power to PG&E

LCG, January 11, 2007--Pacific Gas and Electric Company (PG&E) announced yesterday that it is receiving power from the Buena Vista Energy, LLC Wind Project located in the Altamont pass area east of San Francisco, California.

The Buena Vista Energy, LLC Wind Project, has a capacity of 38 MW and was developed by Babcock & Brown's North America Infrastructure Group. The project includes 38, one-megawatt turbines made by Mitsubishi Power Systems.

In April 2005, PG&E submitted the long-term power purchase agreement associated with the project to the California Public Utilities Commission (CPUC) for regulatory review.

The State of California's Renewable Portfolio Standard (RPS) Program, which is managed by the CPUC and the California Energy Commission, requires each utility to increase its procurement of eligible renewable generating resources by 1% of load per year to achieve a 20% renewables goal. PG&E states that it currently provides over 13% of its energy from renewable resources that qualify under California's RPS Program.
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