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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

CPV, GE and ArcLight Announce Financial Closing for Woodbridge Energy Center

LCG, September 23, 2013--Competitive Power Ventures (CPV), GE Energy Financial Services and ArcLight Capital Partners (ArcLight) announced Friday that they have closed financing for the $842 million CPV Woodbridge Energy Center in New Jersey. Project construction on the 700-MW, natural gas-fired, combined cycle facility is scheduled to commence this quarter, with commercial operation as early as the first quarter of 2016.

The project is owned by CPV, ArcLight and Toyota Tsusho and will be operated by an affiliate of ArcLight. GE is providing financing, technology and services, including a 16-year contractual services agreement (CSA). According to the announcement, the project capacity is expected to be sold through 15-year Standard Offer Capacity Agreements (SOCA) with New Jersey utilities, and energy through a hedge.

GE will deliver its FlexEfficiency* 60 combined-cycle technology and engineering services for the project. The package includes two, fast-start 216-MW 7F 5-series gas turbine generators, one D-11A steam turbine generator in a "2x1" configuration and two duct-fired, triple-pressure reheat heat recovery steam generators (HRSGs).

The CPV Woodbridge Energy Center will convert a former chemical plant site into a power generation facility.

CPV's president stated, "Land reclamation, environmental benefits, strong community acceptance, a powerful economic impact and labor support: This project is what smart energy development looks like in 2013."
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