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NTT DATA Announces 900 MW of Onsite Power Agreement with Bloom Energy Across Multiple Data Center Projects

LCG, November 5, 2026--NTT DATA, an AI, digital business and technology services company, today announced an agreement with Bloom Energy to deploy 900 MW of Bloom Energy's fuel cell technology to power multiple data center projects around the world. The agreement is Bloom Energy's largest international project to date.

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Vistra Announces Acquisition of Cogentrix Energy's 5,500 MW Gas-Fired Fleet is Complete

LCG, November 2, 2026--Vistra Corp. announced on October 30 that, following receipt of all required regulatory approvals, it has completed the acquisition of Cogentrix Energy from funds managed by Quantum Capital Group. The acquisition consists of 10 natural gas-fired power generation facilities totaling nearly 5,500 MW of capacity. The addition of Cogentrix's facilities to Vistra's existing generation portfolio raises Vistra's U.S. generation portfolio to nearly 50,000 MW.

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Industry News

TXU Says Aussie Regulatory Climate May Force Asset Sales

LCG, Nov. 14, 2000--TXU Corp.'s Australian subsidiary may consider selling its electricity and natural gas distribution assets in the commonwealth if the regulatory climate does not improve, Steve Philley, newly arrived as chief executive of TXU Australia Pty Ltd., said this morning.

Speaking to the Australian Institute of Company Directors, Philley said distribution companies were earning only 5 percent to 7 percent on equity against the 10 percent considered necessary. "If we determine that our shareholders are best served by monetizing our investments, we will certainly do that," he said.

Philley pointed to a decision by the Office of Regulator-General in the state of Victoria that would regulate returns for the next five years. The state's distribution companies say the decision would cost them $1 billion Australian ($520,000 U.S.) and runs counter to incentives offered when the distributors were privatized.

Philley said an appeal of the Regulator-General's ruling to the Victoria state Supreme Court is "under active consideration and is a possibility, but no final decisions has been made." He cautioned that if there were no incentives to invest the distribution systems would be unable to keep pace with demand and power failures would be the likely result.

"It is becoming increasingly difficult to come up with ways to invest new capital in this sector, in this region, as the markets struggle to understand what the future offers here in Victoria," Philley said.

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