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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

Southern California Edison Nearly Debt-Free

LCG, Mar. 1, 2002--Southern California Edison today is expected to pay out about $5.5 billion, removing debt from the utility's books, and taking care of overdue bills from power suppliers large and small.

The payments would be made partly from $3.4 billion of available cash, and from $400 million collected from ratepayers in the last two months. The utility has been working to secure a loan from investment banks worth $1.6 billion, backed by Edison first mortgage bonds, which are secured by its assets.

In January 2001, Edison went into debt after failing to make payments to suppliers for deliveries in November and December of the year just past. If the payments expected today are carried out, Edison would still not be considered creditworthy. It expects to continue to make up for the difference between its collections from ratepayers and the prices at which it bought power through next year. As part of a settlement of a suit SCE brought against the California Public Utilities Commission last year, the state must maintain higher power rates at least until SCE has recovered the difference in full.

"Payment is contingent on closing the financing, but it is still our intent to make the payments tomorrow," Brian Bennet, vice president of external affairs for Edison International, the company's parent, said.
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