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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 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 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 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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B&W Environmental Awarded $10 Million Contract to Install Technologies to Help Customer Meet Environmental Compliance Requirements

October 7, 2021

Babcock & Wilcox announced today that its B&W Environmental segment has been awarded a contract for approximately $10 million to install ash-handling equipment that will support its customer’s environmental compliance requirements. The installation work will be performed by Babcock & Wilcox Construction Co., LLC.
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B&W Completes Acquisition of Majority Stake in Fosler Construction; Will Operate as Fosler Solar, a Babcock & Wilcox Company

October 5, 2021

Babcock & Wilcox Enterprises, Inc. announced today that it has completed its acquisition of a majority interest in Illinois-based solar energy contractor Fosler Construction Company Inc. Fosler will be part of the B&W Renewable segment and operate under the name Fosler Solar, a Babcock & Wilcox company.
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Babcock & Wilcox Enterprises to Present at D.A. Davidson’s 20th Annual Diversified Industrials & Services Conference on September 22, 2021

September 16, 2021

Babcock & Wilcox Enterprises, Inc. has been invited to present at D.A. Davidson’s 20th Annual Diversified Industrials & Services Conference, which is being held virtually on September 22-23, 2021.
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