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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

Sithe Calls it Quits on N.Y. Peaking Plant

LCG, Dec. 17, 2001--Sithe Energies Inc. on Friday said it had decided to call off development of a new power plant it had planned to build in Ramapo, N.Y. The company said the decision is based on the uncertain climate for the development of peaking power facilities in New York State.

"The current climate in this region, with its shifting energy market conditions, makes the construction of a peaking facility at this location uneconomic at this time," said Jim McGowan, senior vice president for development. "This kind of decision is highly complex, and is reached only after careful consideration of many factors. No single factor was determinant."

Two state agencies, the New York Power Authority and the Long Island Power Authority, have been actively addressing the need for peaking power in and around New York City by installing small gas turbines of 40 or 50 megawatts capacity in the region.

The Ramapo plant was originally conceived as a baseload plant but was changed to a peaker earlier this year.

"Sithe has a long history in New York State of developing and operating clean energy facilities," said McGowan. "Sithe has invested billions of dollars throughout the Northeast region. We look forward to continuing that relationship, and we'll evaluate other opportunities as they arise."

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