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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

Florida's New Gas Pipeline Is Operational

LCG, May 29, 2002--A natural gas pipeline running from Alabama across the Gulf of Mexico to the Florida shore near Tampa Bay has begun operations.

The Gulfstream pipeline had first been proposed by Coastal Corp., based in Houston, but was bought by Williams Co., which stopped pursuit of having its own pipeline to populous Pasco County. The Federal Trade Commission spurred the sale when it saw the possibility of Coastal acquiring an interest in Florida's existing pipeline following a corporate merger. The new pipeline is the second to supply Florida with natural gas in 40 years.

Customers for the gas, which flows 430 miles along the bed of the Gulf of Mexico and shallower waters of Tampa Bay, include power producers Florida Power & Light, Florida Power and Calpine Corp. The two local utilities and independent have power plants in Manatee, Kissimmee and Polk counties, respectively.

The St. Petersburg Times quoted analyst Michael Heim of A.G. Edwards & Sons as saying, "It's a needed pipeline. It should be beneficial to consumers." The older Florida Gas & Transmission pipeline runs entirely on land down the Panhandle. Further extension of the Gulfstream line is possible in the fall to the area around Palm Beach, 150 miles away from Osceola County.

Although the U.S. Department of Commerce raised the issue of possible detriment to commercial and recreational fisheries affected by the pipeline, it is possible that 130,000 tons of limestone rock meant to replace coral will attract small fish, which in turn attract larger ones.
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