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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

Exelon Files for License Extension at Three Mile Island

LCG, January 9, 2008--Amergen, a unit of Exelon Corporation, announced yesterday that it has filed an application with the U.S. Nuclear Regulatory Commission (NRC) for a 20-year extension of the operating license for Three Mile Island Unit 1 nuclear generating station, located near Harrisburg, Pennsylvania.

Three Mile Island Unit 1 began commercial operation in 1974, and the current license will expire in April 2014. The existing unit is pressurized water reactor and has an electric generating capacity of 852 MW.

The NRC has approved license renewal applications for 48 generating stations and 38 other license renewal applications are pending or have been announced. Amergen anticipates that the NRC will review the application over 22 to 30 months.

Unit 2 was shut down following a core meltdown accident in 1979. The accident is considered the most serious accident in U.S. nuclear industry history.

Amergen acquired Three Mile Island in December 1999. According to AmerGen, the company has invested over $100 million in plant upgrades and plans to invest another $300 million during the fall 2009 refueling outage to replace two steam generators.

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