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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

Cinergy Reorganization Aimed at Boosting Growth

LCG, Feb. 6, 2001Cinergy Corp. said last night that it would reorganize its business units into three groups, one for regulated businesses and the other two for merchant energy and something called "power technology and infrastructure services."

"Today, about 50 percent of our earnings come from non-regulated markets," Chief ExecutiveJames Rogers said, calling it "a dramatic change from five years ago when nearly all of our earnings came from our regulated business."

The company said each of the units will have its own chief executive, with Michael Cyrus heading up the merchant energy group, made up of Cinergy's power plants. He currently heads the company's energy commodities division.

William Grealis will run the regulated businesses, which consist of the company's gas and electric transmission and distribution activities. He now is an executive vice president and Rogers' chief of staff. Larry Thomas, who is at present the head of power technology and energy delivery, will be chief executive of power technology and infrastructure services.

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