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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

FERC Issues Ruling on Midwest ISO Transmission Request Processing

LCG, Jan. 31, 2003--A complaint by Tenaska Inc. over a rejected offer to purchase long-term transmission rights from the Midwest Independent System Operator should be considered again under a revised framework, the Federal Energy Regultory Commission (FERC) ruled yesterday.

The Midwest ISO, which said that opting to allow a purchase of short-term transmission rights by other buyers instead was done on a first-come, first-served basis, controls grid access over an area that includes 15 states, and part of Canada. The position of Tenaska was backed by Dynegy Inc., Reliant Resources and Public Service Enterprise Group Inc.

The transmission access in question is around the Michigan-Ontario border. The FERC ruling stated, "This order benefits customers by providing certainty to Midwest ISO's customers concerning the processing of long-term firm transmission service requests." The ISO was directed to change its tariff within 30 days, and adopt a new method of responding to requests.
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