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Meta Announces Up to 6.6 GW of Nuclear Projects to Power American AI

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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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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Industry News

TransCanada Buys 560 Megawatts in Alberta Auction

LCG, Aug. 25, 2000--TransCanada Pipelines Ltd. said yesterday it had acquired the rights to the output of the 560 megawatt Sundance A power plant in the province of Alberta. TransCanadas bid of about $212 million Canadian ($143 million U.S.) won the capacity in an auction conducted by the provincial government.

"Power is one of TransCanada's core businesses and Alberta is one of our core markets," saidDoug Baldwin, TransCanada's president and chief executive. "The auction provided an opportunity to purchase competitively priced power to help build our power business in the province." TransCanada said it already has agreements to re-sell approximately 400 megawatts to industrial customers underlong-term contracts.

The Sundance plant is a little less than 40 miles from Edmonton and is the largest coal-fired power plant in western Canada.

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