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B&W SPIG Awarded Contract to Supply Cooling Tower to Polypropylene Plant in Poland

1/16/2020

(PARUZZARO, Italy – January 16, 2020) –SPIG S.p.A. (SPIG), a subsidiary of Babcock & Wilcox Enterprises, Inc., has been awarded a contract for more than USD$1 million by Hyundai Engineering Co. to design and supply a seven-cell, fiberglass-reinforced plastic (FRP) cooling tower for a polypropylene manufacturing plant in Poland.
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B&W Subsidiary Awarded Retrofit Boiler Equipment Installation Contract for U.S. Power Plant

1/16/2020

(AKRON, Ohio – January 16, 2020) – Babcock & Wilcox Construction Co., LLC (BWCC), a subsidiary of Babcock & Wilcox Enterprises, Inc. (B&W) (NYSE: BW), has been awarded a contract for more than $5 million to install retrofit boiler equipment at a U.S. coal-fired power plant.
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B&W Announces Key Step Toward Debt Refinancing

1/7/2020

Company has entered negotiations with lenders for comprehensive refinancing  (AKRON, Ohio – January 7, 2020) – Babcock & Wilcox Enterprises, Inc. (NYSE: BW) (B&W) announced today that the Company has amended its Credit Agreement to extend the deadline to take certain required corporate actions related to refinancing from January 10, 2020 to January 20, 2020 and to maintain the current sublimit on borrowing under the company’s revolving credit facility portion of the Agreement. As previously disclosed, the Company is required to refinance by March 15, 2020.  B&W is in broader negotiations with creditors to refinance the current senior debt and extend maturity which is anticipated to be completed on or before January 20, 2020. 
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Babcock & Wilcox Enterprises Announces Third Quarter 2019 Results

11/7/2019

- Babcock & Wilcox segment adjusted EBITDA increased 23% to $19.3 million - Consolidated operating loss improved by $42.0 million to a loss of $3.2 million - Company generated consolidated adjusted EBITDA of $10.1 million (BARBERTON, Ohio – November 7, 2019) – Babcock & Wilcox Enterprises, Inc. ("B&W Enterprises") (NYSE: BW) announced today third quarter 2019 GAAP loss from continuing operations improved by $47.2 million to a loss of $57.0 million compared to a loss of $104.1 million in third quarter 2018. Adjusted EBITDA also improved by $36.8 million to a positive $10.1 million compared to negative $26.7 million in the prior year period, resulting in the Company's second consecutive quarter of profitability in 2019 on an adjusted EBITDA basis.
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Babcock & Wilcox to Webcast Discussion of Its Third Quarter 2019 Results

10/28/2019

(BARBERTON, Ohio – October 28, 2019) – Babcock & Wilcox Enterprises, Inc. (NYSE:BW) (B&W or the “Company”) expects to host a conference call and webcast on Thursday, November 7, 2019 at 5 p.m. ET. 
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