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Babcock & Wilcox Enterprises Announces Closing of $140 Million Offering of Senior Notes Due 2026
December 14, 2021
Babcock & Wilcox Enterprises, Inc. announced that on December 13, 2021 it closed an underwritten public offering of $140 million aggregate principal amount of 6.50% senior notes due 2026 (the “Senior Notes”). Gross proceeds are exclusive of underwriting discounts and commissions and estimated offering expenses payable by the Company.
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Babcock & Wilcox Enterprises Announces Pricing of $140 Million Offering of Senior Notes Due 2026
December 9, 2021
Babcock & Wilcox Enterprises, Inc. announced that on December 8, 2021 it priced an underwritten public offering of $140 million aggregate principal amount of 6.50% senior notes due 2026 (the “Senior Notes”). B&W has granted the underwriters a 30-day option to purchase up to an additional $21 million aggregate principal amount of Senior Notes in connection with the offering. The offering is expected to close on December 13, 2021, subject to the satisfaction of customary closing conditions.
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Babcock & Wilcox Enterprises Announces Proposed Public Offering of $125 Million of Senior Notes Due 2026
December 6, 2021
Babcock & Wilcox Enterprises announced the commencement of an underwritten registered public offering of $125 million aggregate principal amount of senior notes due 2026.
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Babcock & Wilcox Completes Acquisition of Renewable Parts and Service Firm, VODA A/S
November 30, 2021
Babcock & Wilcox Enterprises, Inc. announced today that it has completed its previously announced acquisition of VODA A/S, a leading multi-brand aftermarket parts and service provider for energy plants in Scandinavia. The combined VODA A/S and B&W service business will be part of the company’s B&W Renewable segment, creating a platform for growth in renewable service in Europe.
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B&W Environmental Continues Business Growth in Middle East with Contract to Supply Cooling System for Petrochemical Facility
November 3, 2021
Babcock & Wilcox announced today that its B&W Environmental segment has been awarded a contract for approximately $5 million to supply a SPIG S.p.A. cooling system for a petrochemical facility in the Middle East.
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Babcock & Wilcox Signs Exclusive Global Licensing Agreement with Ohio State Innovation Foundation for Innovative Chemical Looping Technology for Decarbonization and Hydrogen Production, Further Enhancing B&W’s BrightLoop™ Offering
November 2, 2021
Babcock & Wilcox announced today that it has signed an agreement with the Ohio State Innovation Foundation for an exclusive, worldwide commercial license for a chemical looping process and particle used for decarbonization and the production of hydrogen, steam and/or syngas, which complements B&W’s existing technology portfolio.
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Babcock & Wilcox Sets Third Quarter 2021 Conference Call and Webcast for Wednesday, November 10, 2021 at 5 p.m. ET
November 2, 2021
Babcock & Wilcox Enterprises, Inc. expects to host a conference call and webcast on Wednesday, November 10, 2021 at 5 p.m. ET.
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Babcock & Wilcox Environmental Awarded Contract for Approximately $30 Million to Supply Emissions Control Technologies for U.S. Industrial Facility
October 28, 2021
Babcock & Wilcox announced today that its B&W Environmental segment has been awarded a contract for approximately $30 million to design and supply a full suite of environmental technologies for a U.S. industrial facility.
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Babcock & Wilcox Announces Conclusion of Previously-Disclosed SEC Investigation
October 25, 2021
On October 20, 2021, Babcock & Wilcox Enterprises, Inc. received a letter from the staff of the Division of Enforcement of the Atlanta Regional office of the U.S. Securities and Exchange Commission confirming that the staff has concluded its investigation of the Company that the Company has previously disclosed in its SEC filings and that it does not intend to recommend to the Commission that an enforcement action be brought against the Company.
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B&W Renewable Signs Agreement to Jointly Develop Innovative Biomass-to-Hydrogen Clean Energy Project in Australia Using BrightLoop™ Technology
October 18, 2021
Babcock & Wilcox announced today that its B&W Renewable segment has entered into an agreement with Port Anthony Renewables Limited to jointly develop a biomass-to-hydrogen clean energy project in Port Anthony, Victoria, Australia utilizing B&W’s BrightLoop™ technology. When completed, the plant is expected to be part of the largest green hydrogen hub in southeastern Australia.
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Babcock & Wilcox Asia-Pacific Business Growth Continues with $7 Million Southeast Asia Thermal Equipment and Service Order
October 14, 2021
Babcock & Wilcox announced today that its B&W Thermal segment has received an order for approximately $7 million to provide equipment and services for a utility customer in Southeast Asia.
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Diamond Power Finland Oy to Supply Sootblowers for Bioproduct Mill
October 12, 2021
Babcock & Wilcox subsidiary Diamond Power Finland Oy has been selected to supply sootblowers to Metsä Fibre’s new bioproduct mill in Kemi, Finland. The mill’s recovery boiler will be equipped with a fully retractable sootblower, and a rake-sootblower will be supplied for the mill’s flue gas cooling system.
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