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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

PG&E to Buy Mississippi Merchant Plant

LCG, Sept. 8, 2000--PG&E Corp. said yesterday its National Energy Group would acquire the 500 megawatt Attala merchant power plant project from Duke Energy North America for an undisclosed price.

Construction of the natural gas-fired, combined-cycle plant began in March and commercial operation is scheduled for next summer. Output will be sold into the Entergy wholesale market, according to PG&E.

Chris Iribe, chief operating officer of the National Energy Group's eastern region, said the purchase "strengthens our growing supply position in the Southern United States."

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