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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

Decision Made on California Direct Access Customers Surcharge

LCG, Nov. 8, 2002--Large energy customers who were allowed to buy electricity from marketers and wholesale suppliers other than California's major investor-owned utilities will pay a surcharge to repay the state for its power purchases, with California Public Utilities Commissioners split on whether the amount is sufficient.

Yesterday, a 3-2 vote by California PUC regulators was made to impose a 2.7-cents per kilowatt-hour charge on usage by electricity purchasers who had signed their own supply contracts, starting Jan. 1. PUC President Loretta Lynch and Carl Wood, who advocated that the surcharge be higher, voted in the minority. Lynch thought other, generally small customers, who buy electricity from the investor-owned utilities, would be left paying a disproportionate share of the costs incurred by the state through its electricity purchases. She asserted that "This massive transfer of wealth is discriminatory and unreasonable."

Jeff Brown, who voted with the majority, said it is necessary to keep a central feature of earlier deregulation plans in place, by allowing direct access customers to continue their relationships with alternative suppliers. "If actual costs are imposed each year, direct access would become uneconomic and would cease to exist," he said. He also indicated that not allowing direct access would represent "a terrible signal to the business community," according to the Sacramento Bee. He believed, however, that the 2.7-cent surcharge is likely to rise next year.

Those who entered into direct access contracts include industrial and retail facilities, as well as hospitals and schools.
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