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News
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LCG, January 9, 2026--Meta today announced new, landmark agreements that will (i) extend and expand the operation of three existing nuclear power plants and (ii) drive the development of advanced nuclear technology. Meta's new agreements with Vistra, TerraPower, and Oklo follow Meta's request for proposals (RFP) issued last month. Meta expects these projects to deliver up to 6.6 GW of new and existing clean nuclear energy by 2035.
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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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Industry News
NorthRenew Energy achieved financial close for TG East Wind Project
June 18, 2020 - The TGE project, located in Knox County, Texas, represents a $450 million total investment and is expected to have 336MW of nameplate capacity comprised of Vestas V-150 4.2MW and V-162 5.6MW wind turbines, the first installation of the largest onshore turbine technology in the United States.
NRE acquired TGE from Oklahoma-based Chermac Energy in late 2017 and sold its interests to the Finnish company Taaleri Energia in 2018 as Taaleri’s first US project. TGE is expected to start operations in 2021.
A lender group comprising Nord/LB, Santander, Societe Generale and Mizuho Bank led syndication of the construction debt facility and a tax equity bridge loan. BHE Renewables, a subsidiary of Berkshire Hathaway will provide the tax equity investment. The project equity consortium includes Taaleri SolarWind II Fund, the Danish Infrastructure Fund AIP, Ilmarinen Mutual Pension Insurance Company and Akuo Energy USA.
TGE is contracting its output under Allianz Global & Specialty Inc.'s Alternative Risk Transfer unit in form of a proxy revenue swap.
LCG Consulting of Los Altos, California was commissioned by Garth Klimchuk, Co-Founder and Managing Partner of NRE and Taamir Fareed, Head of Development of Taaleri to perform an economic analysis to assess the congestion risks in the surrounding areas of the TGE wind project and their impact on plant performance including any generation curtailment based on hourly modeling of the ERCOT grid using LCG’s proprietary UPLAN Network Power Model and PLATO data model taking into consideration the expected generation additions and transmission expansion.
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UPLAN-NPM
The Locational Marginal Price Model (LMP) Network Power Model
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UPLAN-ACE
Day Ahead and Real Time Market Simulation
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UPLAN-G
The Gas Procurement and Competitive Analysis System
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PLATO
Database of Plants, Loads, Assets, Transmission...
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