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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

Nevada Power Files for Lower Rates

LCG, Nov. 14, 2002--Projections of continued low wholesale power prices have led Nevada Power to file for a 5.3 percent decrease in rates with the Nevada Public Utilities Commission.

The rate filing also includes costs for expensive power previously purchased on the spot market during the Western energy crisis, but not fully paid for by Nevada Power. The chairman and chief executive of Sierra Pacific Resources, the parent company of Nevada Power, Walt Higgins, said that he believes that with the current supply situation, this would be a good time for the utility to sign long-term contracts, in order to minimize future rate volatility.

The Southern Nevada Water Authority, which has offered to buy Nevada Power, has indicated that if it can acquire the electric utility, it would be able to lower rates by over 20 percent, based on a superior credit rating and lower borrowing costs.

Based on Nevada Power's filing, the change in a household bill for 1,250 kWh would amount to a decrease of about $6.39, bringing the total to $109.69, according to the company. Possible offsets to a decrease could come if a $229 million lawsuit brought by an Enron subsidiary over energy contracts which were canceled by Nevada Power is successful.
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