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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

New York Governor Looks for Options to Indian Point

LCG, September 27, 2011--New York Governor Andrew Cuomo believes that the carbon-free power generated by Indian Point Energy Center, a nuclear power plant located on the Hudson River about 24 miles north of New York City, can be replaced by other electric generating sources.

Following the earthquake and tsunami in Japan last March and the subsequent issues at the Fukushima Nuclear Power Plant, nuclear plants in the United States, especially those located near large population centers, have been under increased scrutiny.

The Governor recently stated, "There is no doubt that we need replacement power if we are to close Indian Point. There is also no doubt that we can find it....We can retrofit old plants, we can site new plants, we can improve transmission lines. So if we want to find replacement power, we can."

The Indian Point Energy Center, owned by Entergy, includes two nuclear units with a combined generating capacity of 2,069 MW. The 40-year operating licenses for the two units are scheduled to expire on September 28, 2013 and December 15, 2015, respectively, and Entergy has applied for 20-year extensions for both units.
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