A Circular Economy

B&W RENEWABLE

For our economy and future generations, learn more about how B&W continues to grow ecologically sound ways of recycling valuable resources, like biomass and refuse, to create clean, renewable energy. Together we can turn trash into treasure for communities around the planet.

The Air We Breathe

B&W ENVIRONMENTAL

B&W is an industry leader in providing advanced air emissions control and energy recovery equipment and technologies for power plants and industrial processes. Our engineered environmental solutions control a wide range of pollutants and emissions.

Efficient. Safe. Reliable.

B&W THERMAL 

From the initial patent for the water-tube safety boiler to the world’s first supercritical boiler to technologies using the latest advanced steam cycles, our robust thermal energy designs deliver availability and long-term operation.

NYSE: BW

$7.45
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When Stephen Wilcox first avowed “there must be a better way” to safely generate power, he and George Babcock responded with the design for the first inherently safe water-tube boiler, and the company was born.

We are Babcock & Wilcox (B&W) -- a company founded in 1867 by two friends with an unwavering commitment to reliable and effective innovation. 

 

NEWS & UPDATES

Babcock & Wilcox Enterprises to Present at B. Riley Securities Sustainable Energy & Technology Conference on March 10, 2021

AKRON, Ohio, March 3, 2021 — Babcock & Wilcox Enterprises, Inc. ("B&W" or the "Company") (NYSE: BW) has been invited to present at the B. Riley Securities Sustainable Energy & Technology Conference, which is being held virtually on March 9-10, 2021.

Babcock & Wilcox Sets Fourth Quarter and Full Year 2020 Conference Call and Webcast for Tuesday, March 9, 2021 at 8 a.m. ET

(AKRON, Ohio – March 1, 2021) – Babcock & Wilcox Enterprises, Inc. (NYSE:BW) (B&W or the “Company”) expects to host a conference call and webcast on Tuesday, March 9, 2021 at 8 a.m. ET.

B&W Thermal Awarded $13 Million in New Contracts as North American Market Strengthens

(AKRON, Ohio – February 23, 2021) – Babcock & Wilcox (B&W) (NYSE: BW) announced today that its B&W Thermal segment has booked new construction service projects in North America valued at approximately $13 million as the market strengthens and projects continue to restart following delays in 2020. 

Babcock & Wilcox Enterprises Announces Closing of $297.5 Million of Common Stock and Senior Notes Offering

  • In addition, B. Riley Financial exchanged $35 million of its existing Tranche A term loan for senior notes
  • Net proceeds to be used to substantially pay down debt and invest in clean energy growth initiatives

(AKRON, Ohio – February 16, 2021) – Babcock & Wilcox Enterprises, Inc. ("B&W" or the "Company") (NYSE: BW) announced that on February 12, 2021 it closed an underwritten public offering of 29,487,180 shares of common stock, which included 3,846,154 shares issued in connection with the underwriter’s option to purchase additional shares, at a price to the public of $5.85 per share, for gross proceeds of approximately $172.5 million. The Company also announced that on February 12, 2021 it closed an underwritten public offering of $125.0 million aggregate principal amount of 8.125% senior notes due 2026, which included $5 million aggregate principal amount of senior notes issued in connection with the underwriters’ option to purchase senior notes. Gross proceeds for both offerings are exclusive of underwriting discounts and commissions and estimated offering expenses payable by the Company.

B&W Environmental Awarded $13 Million Contract to Supply Clean Energy and Water Treatment Technologies for Waste-to-Energy Plant in Europe

(AKRON, Ohio – February 11, 2021) – Babcock & Wilcox (B&W) (NYSE: BW) announced today that its B&W Environmental segment will design, supply and install a flue gas energy recovery system and advanced water treatment equipment for a waste-to-energy plant in Europe. The contract is valued at more than $13 million.

Babcock & Wilcox Enterprises Announces Pricing of $155 Million Offerings of Senior Notes Due 2026

Includes B. Riley Financial exchanging a portion of its existing Tranche A term loan for $35 million of senior notes

(AKRON, Ohio – February 10, 2021) – Babcock & Wilcox Enterprises, Inc. ("B&W" or the "Company") (NYSE: BW) announced that on February 10, 2021 it priced an underwritten public offering of $120 million aggregate principal amount of 8.125% senior notes due 2026. B&W has granted the underwriters a 30-day option to purchase up to an additional $5 million aggregate principal amount of senior notes in connection with the offering. The offering is expected to close on February 12, 2021, subject to customary closing conditions.

Babcock & Wilcox Enterprises Announces Pricing of Common Stock Offering

(AKRON, Ohio – February 10, 2021) – Babcock & Wilcox Enterprises, Inc. ("B&W" or the "Company") (NYSE: BW) announced that it priced an underwritten registered public offering of 25,641,026 shares of its common stock at a price to the public of $5.85 per share (the “Offering”), for gross proceeds of approximately $150 million, before deducting underwriting discounts and commissions and estimated offering expenses payable by the Company. The Company has granted the underwriter a 30-day option to purchase up to an additional 3,846,154 of its common stock sold in the proposed offering at the public offering price, less underwriting discounts and commissions. The offering is expected to close on February 12, 2021, subject to customary closing conditions.

Babcock & Wilcox Enterprises Announces Proposed Public Offering of $110 million of Senior Notes Due 2026

  • Announces intent of B. Riley Financial to exchange $35 million of its existing term loan for senior notes
  • Proceeds to be used to support clean energy growth initiatives and restructure senior and term debt
  • Revolving credit facility to be permanently reduced by 75% of the senior note value, exclusive of the value of the B. Riley Financial term loan exchange
  • Interest on remaining Tranche A term loan to be significantly reduced 

(AKRON, Ohio – February 9, 2021) – Babcock & Wilcox Enterprises, Inc. ("B&W" or the "Company") (NYSE: BW) announced the commencement of an underwritten public offering of $110 million aggregate principal amount of senior notes due 2026.  B&W expects to grant the underwriters a 30-day option to purchase additional senior notes in connection with the offering. The offering is subject to market and other conditions, and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering.

Babcock & Wilcox Enterprises Announces Proposed Public Offering of Common Stock

  • Proceeds to be used to support clean energy growth initiatives and retire debt
  • B. Riley Financial to acquire 10.7 million shares from Vintage Capital Management
  • Announces intent of B. Riley Financial to exchange $35 million of its existing term loan for newly issued senior notes 

(AKRON, Ohio – February 9, 2021) – Babcock & Wilcox Enterprises, Inc. ("B&W" or the "Company") (NYSE: BW) announced the commencement of an underwritten public offering of shares of its common stock. B&W expects to grant the underwriters a 30-day option to purchase up to an additional 15% of its common stock sold in the proposed offering. All of the shares in the offering are being offered by B&W. The offering is subject to market and other conditions, and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering. B&W intends to use the net proceeds of the offering to support clean energy growth initiatives and to substantially pay down its revolving credit facility. In addition, B. Riley Financial, Inc. intends to exchange $35 million of its existing term loan for $35 million principal amount of newly issued senior notes of B&W, having a reduced interest rate compared to its current rate of 12%.

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HEALTH & SAFETY

Target Zero Safety

Stop Work Authority and Zero Incident Planning

Employees subcontractors, vendors and customers work together to practice and promote proper work habits, develop positive attitudes, use good judgment and finish each and every day injury-and-incident free. 

Aggressive safety management techniques such as improved hazard recognition, hazard correction, and employee involvement help reduce occupational injuries and illnesses as well as the probability of negative safety impacts. We promote Target Zero as a corporate-wide process that helps us ensure a safe work environment for all.

TARGET ZERO

Essential Business Operations

COVID-19: Prioritizing Health, Safety and Business Continuity

We're committed to the health and safety of our employees and their families, as well as our customers, vendors and other stakeholders, and the communities where we have operations. 

We understand our customers’ need to minimize further disturbances in their operations during these challenging times. B&W continues to closely monitor the COVID-19 pandemic and is implementing the steps below as we work to provide our customers with the service and support needed to ensure reliable operation of their plants. 

OUR COMMITMENT