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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

Atmos to Acquire Mississippi Valley Gas

LCG, Sept. 25, 2001-- Atmos Energy Corp. said yesterday it has signed a definitive agreement to acquire Mississippi Valley Gas Company, a privately held natural gas utility, for $150 million, half in cash and half in stock. Atmos also will assume outstanding debt of approximately $45 million.

Mississippi Valley Gas, based in Jackson, Miss., is the state's largest gas utility, serving about 261,500 customers. Residential customers account for 89 percent of the utility's customer base and for 46 percent of its revenues. Jackson is the largest urban area served.

The company operates a 5,500-mile distribution system and 335 miles of transmission pipeline. It also owns two underground gas storage facilities in northeast Mississippi, with a combined working gas capacity of 2.05 billion cubic feet.

"Mississippi Valley Gas will fit well into the growing Atmos system," said Robert W. Best, Atmos chief executive. "By expanding into Mississippi, Atmos will enhance its position in the Southeastern United States and will gain the advantages of a strong operating utility, additional gas-storage facilities and the goodwill from Mississippi Valley Gas' reputation for providing excellent customer service."

Mississippi Valley Gas will continue to operate as a separate Atmos subsidiary and will keep its Jackson headquarters, the company said.

"As a result of successfully acquiring companies like Mississippi Valley Gas," Best said, "Atmos has more than doubled in size during the past four years. We are proud of our record of not only adding profitable assets to our utility system, but also maintaining our customers' trust and satisfaction."

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