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Babcock & Wilcox Environmental to Supply Technology to Help Power Plants Meet Ash-Handling Environmental Requirements
August 27, 2020
Babcock & Wilcox Enterprises Reports Second Quarter 2020 Results, Launches Strategic Organizational and Branding Initiative
August 12, 2020
- Consolidated revenues were $135.4 million; COVID-19 negatively impacted all segments by delaying anticipated projects
- GAAP consolidated operating loss was $7.7 million; GAAP loss from continuing operations was $18.1 million, a $10.2 million improvement compared to second quarter 2019
- Consolidated adjusted EBITDA was $1.4 million
- The Babcock & Wilcox segment reported adjusted EBITDA margin of 9.1% as compared to 9.5% in second quarter 2019, while segment adjusted gross profit margin improved to 27.9% compared to 18.8% in second quarter 2019
Babcock & Wilcox to Webcast Discussion of Its Second Quarter 2020 Results
August 6, 2020
Babcock & Wilcox to Install Efficiency-Improving Technology for Oil Sands Boilers
July 27, 2020
Babcock & Wilcox Awarded $30 Million Boiler Component Contract
July 23, 2020
B&W SPIG Awarded Air-Cooled Condenser Retrofit Contract for Renewable Energy Plant in France
June 4, 2020
Babcock & Wilcox Enterprises Announces First Quarter 2020 Results
May 14, 2020
- GAAP consolidated operating income improved by $21.7 million over the prior-year quarter to an operating loss of $10.3 million
- Consolidated adjusted EBITDA improved by $5.1 million over the prior-year quarter
- Babcock & Wilcox segment adjusted EBITDA improved by 17.2% over the prior-year quarter to $10.7 million
- Company successfully completed its financing process, providing a two-year credit extension and additional liquidity
(AKRON, Ohio – May 14, 2020) – Babcock & Wilcox Enterprises, Inc. ("B...
Babcock & Wilcox to Webcast Discussion of Its First Quarter 2020 Results
May 14, 2020
B&W Completes Two-Year Financing Agreement and Credit Extension
May 14, 2020
- Strengthens capital structure in support of the Company’s long-term operations
(AKRON, Ohio – May 14, 2020) – Babcock & Wilcox Enterprises, Inc. (NYSE: BW) (“B&W”) announced today that the Company has amended its Credit Agreement, which amendment replaces and supersedes the previously disclosed agreement to refinance the Company’s senior debt by May 15, 2020, among other things. Under the terms of the amended Credit Agreement, the Company's current revolving credit facility and availa...
B&W Provides Update on Refinancing
May 12, 2020
(AKRON, Ohio – May 12, 2020) – Babcock & Wilcox Enterprises, Inc. (NYSE: BW) (“B&W” and the “Company”) announced today that the Company is nearing the completion of its financing process and expects to make an announcement regarding its debt refinancing on or before the May 15, 2020 deadline under its current amended Credit Agreement. The Company and its lenders are in the process of finalizing a definitive agreement for a longer-term credit extension.
B&W Vølund Awarded Plant Service Contracts for Waste-to-Energy Customers in U.K., Denmark
April 30, 2020
B&W SPIG to Supply Cooling Towers for Petrochemical Plant in Belgium
April 1, 2020