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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

Mexico to Cut Subsidies to Residential Power Users

LCG, Jan. 31, 2002--Subsidies to Mexico's residential users of electricity will be cut in order to make infrastructure maintenance and upgrades, two senior cabinet members announced this week.

The subsidies have increased from $1 billion in 1995 to $3.5 billion in 2001. Treasury Secretary Francisco Gil Diaz stated that without the cutback of $1 billion, the total would have continued to rise. The change will affect the roughly 30 percent of consumers who use more than 125 kilowatts per month.

Representatives of business have said that the utility should increase efficiency instead, and analysts speculated that inflation would increase.

Some consumers, such as Francisco Rodriguez, a civil engineer who is not currently working, said that the government should crack down on vendors and shantytown dwellers who illegally obtain electricity by siphoning it directly from the lines. A vendor said that although he does pay for electricity, his payments do not go the company.
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