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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 Seeks 15.25 Percent Return on Moapa Project

LCG, August 6, 2004--Nevada Power's recently proposed purchase of the partially completed Moapa Power Plant from Duke Energy Corporation includes a proposal to the Public Utilities Commission of Nevada (PUCN) to allow a 15.25 percent return on equity. Earlier this year, the PUC set the allowable rate of return for Nevada Power at up to 10.25 percent. The total cost of the Project is estimated at $558 million, including the $182 million payment to Duke. The purchase is subject to approval by the PUCN, with operations targeted for June 2006.

Nevada Power, a wholly owned utility of Sierra Pacific Resources, recently filed an amended Integrated Resource Plan (IRP) with the PUCN to incorporate the Moapa Project. On Wednesday, participants in the case filed written testimony with the PUCN. The Bureau of Consumer Protection, the Southern Nevada Water Authority and PUC staff members supported the purchase but requested the PUC reject or modify the 5 percentage point incentive increase proposed by Nevada Power for the return on equity associated with the new plant. The PUC staff recommended reducing the return from 15.25 percent to 13.25 percent. The hearings on the Moapa Project are scheduled on August 25, 2004.

The Moapa Project is located about 20 miles northeast of Las Vegas in the Moapa Valley. The natural gas-fired project consists of two, 600 MW combined cycle plants. The plant is roughly 50% complete, with the gas and steam units already set on their foundations. Nevada Power plans to complete the contruction. The plant will connect to the Kern River Pipeline, and Nevada Power plans to pursue pipeline capacity through Kern River's open season planned for later this year.

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