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Babcock & Wilcox News

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Babcock & Wilcox Enterprises Announces New $150 Million Senior Secured Credit Facility; Reaffirmed Credit Rating of BB+

January 22, 2024

B&W today announced that, effective January 18, 2024, it has entered into a new three-year senior secured credit agreement with Axos Bank under which Axos has provided an asset-based revolving credit facility of up to $150 million that can be used to support letters of credit, renewable energy growth initiatives and potential accretive business purposes.
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Babcock & Wilcox Enterprises to Participate at Janney Montgomery Scott’s Inaugural Clean Energy Investment Symposium December 5-6, 2023

November 21, 2023

Babcock & Wilcox Enterprises, Inc. has been invited to participate at Janney Montgomery Scott’s Inaugural Clean Energy Investment Symposium, which is being held at Tulane University, New Orleans, LA, December 5-6, 2023.
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Babcock & Wilcox Enterprises, Inc. Appoints Dr. Naomi Boness (Ph.D.) to Board of Directors

November 14, 2023

Babcock & Wilcox Enterprises, Inc. announced today that Dr. Naomi Boness (Ph.D.) has been appointed to its Board of Directors, increasing the size of the Board to seven members.
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Babcock & Wilcox Enterprises Reports Third Quarter 2023 Results and Announces Strategic Business Realignment

November 9, 2023

Babcock & Wilcox Enterprises, Inc. announced results for the third quarter of 2023 and information regarding its strategic business realignment.
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Babcock & Wilcox Sets Third Quarter 2023 Conference Call and Webcast for Thursday, November 9, 2023 at 5 p.m. ET

October 26, 2023

Babcock & Wilcox expects to host a conference call and webcast on Thursday, November 9, 2023 at 5 p.m. ET.
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Babcock & Wilcox Canada Corp. Awarded Nearly $11 Million Power Plant Maintenance Contract

October 4, 2023

Babcock & Wilcox Enterprises, Inc. announced today that its Canadian subsidiary, Babcock & Wilcox Canada Corp. (“B&W Canada”), has been awarded a multi-year utility plant maintenance contract from Newfoundland and Labrador Hydro for its Holyrood Thermal Generating Station in Newfoundland, Canada, valued at nearly $11 million with customer options for additional work.
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Babcock & Wilcox Awarded Environmental Equipment Contracts for U.S. Industrial Facilities Totaling $11 Million

September 26, 2023

Babcock & Wilcox Enterprises, Inc. announced today that its B&W Environmental business segment has been awarded environmental equipment contracts totaling more than $11 million to supply two replacement wet electrostatic precipitators (ESPs) at two U.S. industrial facilities and rebuild a wet ESP for a third facility.
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Brandy Johnson Talks About Clean Energy on Biomass Magazine Podcast

September 7, 2023

Chief Strategy & Technology Officer Brandy Johnson recently spoke with Biomass Magazine about producing hydrogen from biomass, carbon capture and B&W’s BrightLoop™ technology.
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Global CCS Institute lists top clean energy innovators in 2023 report

September 1, 2023

A carbon capture and storage (CCS) technology compendium compiled by the Global CCS Institute was just released, and includes a comprehensive feature of B&W’s ClimateBright™ decarbonization technologies.
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Babcock & Wilcox Enterprises to Present at September Investor Conferences

August 31, 2023

Babcock & Wilcox Enterprises today announced that the Company is scheduled to participate in the 7th Annual Lake Street Best Ideas Growth (“BIG7”) Conference and the 22nd Annual D.A. Davidson Diversified Industrials & Services Conference, both of which are planned for September 2023.
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Babcock & Wilcox Awarded $9 Million Contract for Cooling System for U.K. Waste-to-Energy Facility

August 30, 2023

Babcock & Wilcox Enterprises, Inc. announced today that its B&W Environmental business segment has been awarded a contract for approximately $9 million to design and supply an air-cooled condenser system for a waste-to-energy facility in the U.K.
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B&W to Provide Biomass-to-Energy Plant for Net-Zero-CO2 Hydrogen Project

August 17, 2023

On August 16, 2023, West Virginia Gov. Jim Justice announced Fidelis New Energy has selected Mason County, W. Va. to invest $2 billion in a hydrogen production facility and microgrid project called The Mountaineer GigaSystem.
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