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Meta Announces Up to 6.6 GW of Nuclear Projects to Power American AI

LCG, January 9, 2026--Meta today announced new, landmark agreements that will (i) extend and expand the operation of three existing nuclear power plants and (ii) drive the development of advanced nuclear technology. Meta's new agreements with Vistra, TerraPower, and Oklo follow Meta's request for proposals (RFP) issued last month. Meta expects these projects to deliver up to 6.6 GW of new and existing clean nuclear energy by 2035.

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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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Industry News

Entergy Announces Agreement to Sell Gas-fired Power Plant in New England

LCG, October 9, 2015-Entergy Corp. yesterday announced that its wholesale generation division, Entergy Wholesale Commodities, has entered into an agreement to sell its 583-MW Rhode Island State Energy Center to Carlyle Power Partners. The base sales price is approximately $490 million, subject to closing adjustments. The transaction is expected to close by the end of this year.

The Rhode Island State Energy Center (RISEC) is a natural gas-fired, combined-cycle electric generating facility located about five miles from Providence, Rhode Island. Entergy Wholesale Commodities purchased the plant from NextEra Energy Resources, LLC for $346 million in December 2011. The facility entered commercial service in 2002.

Entergy Chairman and CEO stated, "Our strategy for EWC is focused on being disciplined about reducing risk and freeing up financial resources for other opportunities. RISEC has been a very good investment for us, and its sale is consistent with that strategy."
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