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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

Babcock & Brown Ready to Proceed with Trans Bay Cable

LCG, August 17, 2007--Babcock & Brown announced yesterday that it received approval from the San Francisco Bay Conservation and Development Commission (BCDC) for its proposed Trans Bay Cable, a $450 million electric transmission project designed to improve grid reliability and service to San Francisco.

The proposed high voltage direct current (HVDC) cable will extend 53 miles from Pittsburg southwest to San Francisco via an underwater route in the San Francisco Bay and will be capable of delivering up to 400 MW into San Francisco. The City of San Francisco is otherwise dependent upon transmission lines extending up the San Francisco Peninsula from the south.

In September 2005, the Board of Governors of the California Independent System Operator (ISO) selected the project over other alternatives. With the approval from the BCDC, Babcock & Brown stated that the project is now scheduled to commence operations in 2010.

Babcock & Brown's partner in the project is the City of Pittsburg, which will own, operate and maintain the facilities.
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