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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

Corona to Seize Control of City Distribution

LCG, October 31, 2002-Corona City, California is fed up with the high rates and, they say, less than quality service from utility Southern California Edison and is expected to take over distribution within the city limits.

While no move has been made public as yet, the city will make an announcement today regarding electricity transmission within its borders.

If the city decides to take control of electricity distribution, it will form the first significant new municipal electric utility in California since 1947, when Sacramento formed SMUD (Sacramento Municipal Utility District).

SMUD was voted into existence in 1923 and involved several years of fundraising and twelve years of litigation, in regards to the price of distribution, in order to become a full-fledged municipal system.

The city of Corona may face similar challenges if it tries this route, especially considering that Southern California Edison says that it is not selling its system. The city has power of eminent domain, however, and has legal grounds on which to base a distribution takeover. Unfortunately, court costs may put the possibility of becoming a municipalized utility out of reach.

California currently has 30 municipal systems and several large investor-owned utilities, which include Southern California Edison, San Diego Gas & Electric, and Pacific Gas & Electric.

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