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Data Center Customer Adds 620 MW Order for INNIO's J624 Gas Engines

LCG, October 23, 2026--INNIO N.V. yesterday announced a 620 MW follow-on order from a developer and operator of mega-scale data center campuses in the United States. Together with the customer's 1.1 GW order announced previously in July, the new order brings cumulative orders from the customer to approximately 1.72 GW this year.

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The Nuclear Company Announces a 6.6 GW Nuclear Project to Commence Construction by 2030 in Kentucky

LCG, October 21, 2026--The Nuclear Company today announced a proposed nuclear energy campus in Kentucky that could potentially provide 6.6 GW of electric generating capacity. The Prosperity One nuclear energy campus, located along the Ohio River in eastern Kentucky, could accommodate up to six Westinghouse AP1000 reactors and would be the largest nuclear power generation site in the nation if fully constructed.

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Industry News

Endesa in Surprise Bid for French Power Firm

LCG, Oct. 4, 2000Spain's largest utility, Endesa, has bid an undisclosed sum for a 30 percent interest in French power producer Socit Nationale d'Electricit et de Thermique, a government-owned operator of coal-fired plants.

Snet, which had 1999 revenues of about $320 million and operated five generating stations, is controlled by state-run Charbonnages de France, the country's coal-producing monopoly. The French government has offered 30 percent of Snet as the first step in its privatization, though Charbonnages would retain controlling ownership.

It had been thought that a brokered marriage had been arranged with Suez Lyonnaise under which Suez would purchase the 30 percent and also assist Snet in financing a new thermal power plant.
The surprise bid by Endesa could test the willingness of France to open its electricity sector to foreign competition. Last February, after a year of foot dragging and under pressure from its European Union partners, France reluctantly said it would liberalize 25 percent of its power market. So far there has been little evidence that it has done so.

Industry observers in Paris say that it would be difficult for the French government not to sell the interest in Snet to Endesa if the Spanish firm offers more money than Suez. Furthermore, they say that Suez would be unlikely to raise its offer because it is eyeing investment in Italy and on the Iberian Peninsula.

Endesa, which recently admitted it was in talks that would lead to a merger with Iberdrola, Spain's second-largest power company, is known to be looking beyond the Spanish border and has budgeted about $3 billion for expansion into other parts of Europe.

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