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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

Spectra Energy Secures Contracts for Gulf Market Expansion Project

LCG, November 12, 2013--Spectra Energy Corp. and Spectra Energy Partners yesterday announced that they have executed new long-term contracts for 650,000 Dth/day of natural gas transportation on the Texas Eastern pipeline system to support the growing manufacturing sector and liquefied natural gas (LNG) export industry along the Texas and Louisiana coast.

Spectra Energy's president of U.S. Transmission and Storage stated, "Spectra Energy's Texas Eastern system is strategically located to provide natural gas from the burgeoning Marcellus, Utica and Eagle Ford production areas to meet demand growth in the industrial and LNG export sectors. We're proud to be the provider of choice for gas producers seeking new industrial markets and for the developing LNG export market in the Gulf Coast region."

Customers that executed long-term service contracts include: EQT Corporation, 100,000 Dth/day, in-service 2016; GDF Suez S.A., 200,000 Dth/day, in-service 2017; Mitsubishi Corporation, 100,000 Dth/day, in-service 2017; MMGS, Inc. (a subsidiary of Mitsui & Co., Ltd), 100,000 Dth/day, in-service 2017; and Range Resources, Appalachia LLC, 150,000 Dth/day, in-service 2016.

The initial phase of the project will provide transportation capacity of 250,000 Dth/day as early as three years from now. Phase two of the project will begin to add 400,000 Dth/day of capacity starting in September 2017 and increasing through December 2018.

The $150 million Gulf Markets Expansion Project is a continuation of Spectra Energy's development efforts, including the Texas Eastern Appalachia to Market (TEAM) 2014 and Ohio Pipeline Energy Network (OPEN) projects, to transform its Texas Eastern Transmission mainline into a bi-directional system providing diverse supply access to Northeast, Southeast and Gulf Coast markets.
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