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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

Louisianas' Governor Targets Net Zero Greenhouse Gas Emissions by 2050

LCG, August 28, 2020--The Governor of Louisiana signed Executive Order Number JBE 2020-18 that targets net-zero greenhouse gas emissions (GHGs) originating in Louisiana by 2050. The Order, signed last week, includes interim GHG goals to reduce GHG emissions by 26-28% of 2005 levels by 2025, and by 40-50% of 2005 levels by 2030.

The aim of the Order is to reduce GHGs to limit the impacts of climate change that harm the state's natural and cultural heritage, while adapting to maintain its position as a world leader in energy, industry, agriculture, and transportation.

The Order directs the creation of a Climate Initiatives Task Force to investigate and make recommendations to reduce GHSs originating in Louisiana to the Governor. The Task Force, to be comprised of up to 23 members representing various government agencies and stakeholders, is to deliver an interim report recommending strategies, policies and incentives by February 1, 2021. The Task Force is to submit a subsequent report that includes a detailed plan to meet the goals by February 1, 2022.

The Task Force will include committees for power generation, distribution and use; land use, buildings and housing; transportation; agriculture, forestry, conservation and waste management; manufacturing and industry; and mining and oil and gas production.
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