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Meta Announces Up to 6.6 GW of Nuclear Projects to Power American AI

LCG, January 9, 2026--Meta today announced new, landmark agreements that will (i) extend and expand the operation of three existing nuclear power plants and (ii) drive the development of advanced nuclear technology. Meta's new agreements with Vistra, TerraPower, and Oklo follow Meta's request for proposals (RFP) issued last month. Meta expects these projects to deliver up to 6.6 GW of new and existing clean nuclear energy by 2035.

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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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Industry News

AES Moves on Oman Power-Desalination Plant

LCG, May 7, 2001AES Corp. said Friday that an ad hoc subsidiary has secured $348.6 million in bank financing for a project in Oman that will provide 20 million gallons per day of desalinated water and 427 megawatts of electric power.

AES has an 85 percent interest in the project, AES Barka SAOC, with Multitech, a local partner owning the balance. ANZ Investment Bank and Arab Banking Corp. acted as lead arrangers on the financing, which is subject to the fulfillment of certain conditions precedent.

The power facility is being designed and built by a consortium of Enelpower SpA of Italy and Hitachi Zosen of Japan. AES said it expects the final notice to proceed will be issued on June 1 and has scheduled commercial operations for April 2003.

The electrical and water output from the facility will be sold to the Omani Ministry of Electricity and Water under a 15 year power and water purchase agreement. Gas will be supplied by the Ministry of Gasunder a 15 year natural gas supply agreement.

Venu Nambiar, project director of AES Barka, said, "Work by our contractor is on schedule and we now have completed our bank financing. We expect to produce competitively priced power and water in time for the peak summer of 2003. Since Barka will be among the lowest cost producers in Oman, we believe we can serve electric and water customers competitively for decades to come."

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