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NTT DATA Announces 900 MW of Onsite Power Agreement with Bloom Energy Across Multiple Data Center Projects

LCG, November 5, 2026--NTT DATA, an AI, digital business and technology services company, today announced an agreement with Bloom Energy to deploy 900 MW of Bloom Energy's fuel cell technology to power multiple data center projects around the world. The agreement is Bloom Energy's largest international project to date.

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Vistra Announces Acquisition of Cogentrix Energy's 5,500 MW Gas-Fired Fleet is Complete

LCG, November 2, 2026--Vistra Corp. announced on October 30 that, following receipt of all required regulatory approvals, it has completed the acquisition of Cogentrix Energy from funds managed by Quantum Capital Group. The acquisition consists of 10 natural gas-fired power generation facilities totaling nearly 5,500 MW of capacity. The addition of Cogentrix's facilities to Vistra's existing generation portfolio raises Vistra's U.S. generation portfolio to nearly 50,000 MW.

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Industry News

FERC Agrees: California Not Owed $8.9 Billion

LCG, July 26, 2001The Federal Energy Regulatory Commission yesterday agreed with its top administrative law judge that California is not owed the $8.9 billion its governor, Gray Davis, is demanding from power producers he calls "the biggest snakes on the planet earth."

At the same time, FERC said it would hold a hearing to determine what, if anything, the state is owed. The agency could order California power purchasers its investor-owned utilities as well as state agencies to pay their unpaid power bills.

The hearing will aim at clearing up the refund issue once and for all. "This industry needs, deserves and must have certainty. The people of California need, deserve and must have certainty," said Chairman Curtis Hebert.

In two weeks of negotiations conducted by Judge Curtis Wagner in late June and early July, California did not budge a cent from its demand for $8.9 billion, though generators conceded that about a tenth of that could be refunded if they were paid in the first place.

FERC voted yesterday to accept Wagner's conclusions that the state might be owed as much as $1 billion and was probably not entitled to cash payments because that sum could be offset by the amount owed the power producers.

Davis clung to his demand for $8.9 billion as if his political future depended on it and it may.

"As for the energy profiteers and pirates, let me make clear that I will not rest until every dollargouged from California businesses and residents return to California. If the FERC does not makeCalifornia whole, we will see you in court," the governor said in a statement.

Another FERC administrative law judge, Bruce L. Birchman, will preside over the quasi-legal hearing, which will focus on wholesale sport market power transactions that occurred between Oct. 2, 2000 and June 20 of this year.

The California Independent System Operator, which created the study upon which Davis bases his claim for $8.9 billion, will have 15 days to submit evidence to back up its figures. Birchman will then have 45 days to submit a report for FERC's five commissioners who will then vote on his recommendations.

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