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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

U.S. Senate to Probe California Power Problems

LCG, Jan. 24, 2001The U.S. Senate Committee on Energy and Natural Resources will hold at least one hearing next week on the electric power problems besetting California, its chairman, Sen. Frank Murkowski, said yesterday.

The Alaska Republican said the hearings would try to identify the causes of the problems and to assess the danger of their spreading to other states. The committee will deliberate over whether federal legislation can prevent recurrences or prevent the problem from spreading.

Idaho Sen. Larry Craig, also a member of the Energy Committee, said "We have got to get this thing under control."

The two senators spoke during a committee meeting to vote on the nomination of Gale Norton to be Secretary of the Interior in the Bush administration.

Yesterday, the Bush administration agreed to continue for two week emergency orders of the previous administration requiring suppliers to continue to sell electricity and natural gas to California utilities. It was made plain that there would be no further extensions.

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