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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

PNM Begins Building 225 Megawatt Power Plant

LCG, Nov. 16, 2001--Public Service Co. of New Mexico broke ground yesterday on a new power plant in southern New Mexico near the chile pepper capital of Las Cruces.

The 225 megawatt natural gas-fueled plant will be built in two phases, with 135 megawatts produced in simple cycle scheduled to be in commercial operation by the end of October, next year. The plant will then be expanded to its full combined-cycle output by the fall of 2003.

"Building a new generating station reinforces our commitment to expand our wholesale business focus," said PNM Executive Vice President Bill Real. "It is also part of our promise to invest in New Mexico in order to improve the reliability of the regional power supply."

PNM said the new plant would sell its power into the Western wholesale market. The company noted that it had recently signed a contract with Texas-New Mexico Power Co. to provide electricity for that company's customers in southern New Mexico. Afton will supply some of that power.

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