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NTT DATA Announces 900 MW of Onsite Power Agreement with Bloom Energy Across Multiple Data Center Projects

LCG, November 5, 2026--NTT DATA, an AI, digital business and technology services company, today announced an agreement with Bloom Energy to deploy 900 MW of Bloom Energy's fuel cell technology to power multiple data center projects around the world. The agreement is Bloom Energy's largest international project to date.

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Vistra Announces Acquisition of Cogentrix Energy's 5,500 MW Gas-Fired Fleet is Complete

LCG, November 2, 2026--Vistra Corp. announced on October 30 that, following receipt of all required regulatory approvals, it has completed the acquisition of Cogentrix Energy from funds managed by Quantum Capital Group. The acquisition consists of 10 natural gas-fired power generation facilities totaling nearly 5,500 MW of capacity. The addition of Cogentrix's facilities to Vistra's existing generation portfolio raises Vistra's U.S. generation portfolio to nearly 50,000 MW.

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Industry News

New Jersey Utility Has Its Eye on Cinergy

LCG, March 9, 2001New Jersey-based Public Service Enterprise Group Inc. is in "advanced discussions" to acquire Cinergy Corp. of Ohio, according to this morning's edition of the Wall Street Journal.

The paper says the acquisition would cost PSEG more than $5.6 billion in stock plus $2.9 billion in assumption of long-term debt. That works out to a very small premium for Cinergy shareholders who would have to approve the deal.

In an attempt to confirm the deal, the Wall Street contacted PSEG spokesman Paul Rosengren who said "I don't make comments on deals that may or may not be under discussion."

Cinergy chairman and chief executive James Rogers could be a sticking point in a merger with PSEG. He is known to enjoy being top man and would want to run the combined companies, but would have to wait in the wings for perhaps as long as five years.

A former deputy general counsel for the Federal Energy Regulatory Commission, Rogers has proved adept at coping with changes in the electric market and would like the chance to run a bigger company. As long ago as 1996, musing about "convergence" among utilities, he asked metaphorically "Cinergy-Sprint? Why not?"

In the deal envisioned by the paper, Cinergy would take a back seat, even though it is the larger company in terms of revenues. PSEG would likely have eight of the 14 seats on the board and E. James Ferland, PSEG's chairman, president and CEO would run the show.

Now, if the transaction were structured so that Rogers were chairman and chief executive and Ferland were chairman emeritus, that would be something else.

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