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Babcock & Wilcox (B&W) has selected Siemens Energy to supply steam turbine generator sets for a project to deliver one gigawatt of power for an Applied Digital AI Factory. The agreement includes a limited notice to proceed, with full contract release expected in Q1 2026.
Babcock & Wilcox received full notice to proceed on a $2.4 billion design-build agreement with Base Electron to deliver 1.2 GW of new generation capacity using four 300-MW natural gas boilers and steam turbine generators, to supply power to Applied Digital AI factory campuses.