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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

Enron Gets $1.5 Billion -- With Strings Attached

LCG, Dec. 4, 2001--Shares in Enron Corp. jumped 132 percent to 93 cents on the new York Stock Exchange this morning in the wake of an announcement that the company had arranged $1.5 billion in new financing from J.P. Morgan Chase and Citigroup.

That $1.5 billion has more strings attached than a marionette.

Only $250,000 will be made available immediately. To get another $250,000, Enron will have to provide the two lenders with a "satisfactory business plan." "Satisfaction of certain conditions" will have to be met before the $1 billion balance is released, and even then more than half will have to be used to repay $550 million of existing indebtedness of Transwestern Pipeline.

Kenneth Lay, Enron's chairman and chief executive, said the financing will allow Enron to "continue to do business and move forward to implement the first steps of its reorganization." Company officials said that Enron normally operates with about $2.5 billion in walking around money.

Enron is feeling the squeeze. Yesterday, the company laid off about 4,000 employees at its Houston headquarters, and those came on top of 1,100 firings in Europe. Many employees of Enron and its subsidiaries have seen their retirement funds wiped out by the collapse of Enron stock from $90 a year ago to 90 cents today.

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