For a net-zero future
Babcock & Wilcox News
Leading the world in clean power production technology
B&W Awarded Boiler Equipment Replacement Contract
March 20, 2018
(CHARLOTTE, N.C. – March 20, 2018) – Babcock & Wilcox Enterprises, Inc. (NYSE:BW) announced today that its subsidiary, The Babcock & Wilcox Company (B&W), has been awarded a contract for more than $50 million to design and supply boiler equipment for an existing North American power plant. The majority of the value of this contract will be booked in first quarter 2018.
Read More
B&W Commences Rights Offering
March 19, 2018
(CHARLOTTE, N.C. – March 19, 2018) – Babcock & Wilcox Enterprises, Inc. (the “Company”) (NYSE: BW) announced today that it commenced a rights offering (“Rights Offering”) originally announced on March 1, 2018. Pursuant to the Rights Offering, the Company is distributing to holders of the Company’s common shares one nontransferable subscription right (a “Right”) to purchase 1.4 common shares for each common share held as of 5:00 p.m., New York City time, on March 15, 2018 (the “Rights Distribution Record Date”) at a price of $3.00 per common share (the “Subscription Pric...
Read More
Alberto Galantini Named New Managing Director of B&W SPIG
March 7, 2018
March 07, 2018
Babcock & Wilcox SPIG (B&W SPIG), a subsidiary of Babcock & Wilcox Enterprises, Inc., is pleased to announce that Alberto Galantini has been named as the company’s new Managing Director.
[image src="/assets/News/Alberto-Galantini-Headshot-Babcock-Wilcox.png" id="733" width="540" height="360" class="center ss-htmleditorfield-file image" alt="Alberto Galantini Headshot Babcock Wilcox"]
Before joining B&W SPIG, Mr. Galantini had served as President and Chief Executive Officer (CEO) of GE Grid Solutions in Milan, Italy, since 2016. Before that, he was President and CEO of GE Grid ...
Read More
Babcock & Wilcox SPIG (B&W SPIG), a subsidiary of Babcock & Wilcox Enterprises, Inc., is pleased to announce that Alberto Galantini has been named as the company’s new Managing Director.
[image src="/assets/News/Alberto-Galantini-Headshot-Babcock-Wilcox.png" id="733" width="540" height="360" class="center ss-htmleditorfield-file image" alt="Alberto Galantini Headshot Babcock Wilcox"]
Before joining B&W SPIG, Mr. Galantini had served as President and Chief Executive Officer (CEO) of GE Grid Solutions in Milan, Italy, since 2016. Before that, he was President and CEO of GE Grid ...
Babcock & Wilcox Announces Fourth Quarter 2017 Results
March 1, 2018
- Announces new financing arrangements to remove second-lien term loan- U.K. Renewable new-build loss projects moving forward- MEGTEC and Universal strategic evaluations ongoing- Introduces 2018 adjusted EBITDA guidance
Read More
B&W Employees Raise More Than $100,000 for United Way
February 27, 2018
February 27, 2018
Babcock & Wilcox employees in Barberton and Copley, Ohio, USA, recently helped raise more than $108,000 for the United Way of Summit County during its 2017-2018 campaign.
Their efforts were part of B&W’s ongoing commitment to community involvement and giving back to those in need.
[image src="/assets/News/BW-Employees-Volunteer-Raise-Money-For-United-Way-Babcock-Wilcox.png" id="734" width="540" height="360" class="center ss-htmleditorfield-file image" alt="BW Employees Volunteer Raise Money For United Way Babcock Wilcox"]
Several employees kicked off the campaign last year ...
Read More
Babcock & Wilcox employees in Barberton and Copley, Ohio, USA, recently helped raise more than $108,000 for the United Way of Summit County during its 2017-2018 campaign.
Their efforts were part of B&W’s ongoing commitment to community involvement and giving back to those in need.
[image src="/assets/News/BW-Employees-Volunteer-Raise-Money-For-United-Way-Babcock-Wilcox.png" id="734" width="540" height="360" class="center ss-htmleditorfield-file image" alt="BW Employees Volunteer Raise Money For United Way Babcock Wilcox"]
Several employees kicked off the campaign last year ...
B&W Employees Volunteer at Local Children's Hospital
February 21, 2018
February 21, 2018
We’re proud to recognize more than a dozen Babcock & Wilcox employees from our Barberton, Ohio office who recently volunteered for the annual Have a Heart, Do Your Part Radiothon at Akron Children’s Hospital.
[image src="/assets/News/BW-Volunteers-Akron-Radiothon-Babcock-Wilcox.png" id="735" width="600" height="111" class="center ss-htmleditorfield-file image" alt="BW Volunteers Akron Radiothon Babcock Wilcox"]
Held in partnership with local radio station WKDD, the Radiothon raised more than $650,000 over a three-day period for much-needed child-size medical equipment, pa...
Read More
We’re proud to recognize more than a dozen Babcock & Wilcox employees from our Barberton, Ohio office who recently volunteered for the annual Have a Heart, Do Your Part Radiothon at Akron Children’s Hospital.
[image src="/assets/News/BW-Volunteers-Akron-Radiothon-Babcock-Wilcox.png" id="735" width="600" height="111" class="center ss-htmleditorfield-file image" alt="BW Volunteers Akron Radiothon Babcock Wilcox"]
Held in partnership with local radio station WKDD, the Radiothon raised more than $650,000 over a three-day period for much-needed child-size medical equipment, pa...
Babcock & Wilcox to Webcast Discussion of Its Fourth Quarter 2017 Results
February 12, 2018
(CHARLOTTE, N.C. – February 12, 2018) – Babcock & Wilcox Enterprises, Inc. (NYSE:BW) (the “Company”) expects to host a conference call and webcast on Thursday, March 1, 2018 at 5:00 p.m. ET, during which management will discuss the Company’s fourth quarter 2017 results. A news release detailing the results is expected to be issued after the market close that day.
Read More
Jim Epsilantis Named General Manager of B&W’s Palm Beach Resource Recovery Corporation
February 8, 2018
February 08, 2018WEST PALM BEACH, Fla. – Babcock & Wilcox (B&W) recently announced Jim Epsilantis has been named general manager of the company’s Palm Beach Resource Recovery Corporation (PBRRC) subsidiary, which provides operations and maintenance services for two B&W-built waste-to-energy plants in West Palm Beach, Fla.Jim brings more than 29 years of experience in the power and energy industry with over 17 years specifically working in the waste-to-energy industry. Most recently, he was plant manager with Wheelabrator Technologies, where he was responsible for operations, maintenance, e...
Read More
Babcock & Wilcox Initiates Executive Transition
February 1, 2018
CHARLOTTE, N.C.
Babcock & Wilcox Enterprises, Inc. (B&W) (NYSE:BW) announced today that it has appointed Leslie C. Kass to serve as Chief Executive Officer and a member of the Company’s Board of Directors, effective immediately. Jim Ferland will work closely with Ms. Kass, the management team and the Board in the role of Executive Chairman until he steps down from the Board on June 30, 2018 per his current employment agreement.
Read More
Babcock & Wilcox Enterprises, Inc. (B&W) (NYSE:BW) announced today that it has appointed Leslie C. Kass to serve as Chief Executive Officer and a member of the Company’s Board of Directors, effective immediately. Jim Ferland will work closely with Ms. Kass, the management team and the Board in the role of Executive Chairman until he steps down from the Board on June 30, 2018 per his current employment agreement.
B&W SPIG to Provide Cooling System Services at Petrochemical Plant in Belgium
January 31, 2018
January 31, 2018ARONA, Italy - Babcock & Wilcox SPIG (B&W SPIG), a subsidiary of Babcock & Wilcox Enterprises, Inc., has been awarded a contract to provide cooling tower upgrade services for Total Olefins Antwerp NV (TOA).B&W SPIG will develop solutions to improve the performance of an existing cooling tower at Total’s Olefins plant in Antwerp, Belgium. Using proven service engineering capability, B&W SPIG customized an outcome-based solution fulfilling client’s needs.“Tailoring similar revamping and upgrading solutions is important to our customers in the oil and gas industry, particula...
Read More
B&W Appoints Three New Independent Directors - Enters Agreement with Vintage Capital Management, LLC, B&W’s Largest Shareholder
January 4, 2018
(CHARLOTTE, N.C. – January 3, 2018) – Babcock & Wilcox Enterprises, Inc. (B&W) (NYSE:BW) announced today that it has appointed Brian R. Kahn, Henry E. Bartoli and Matthew E. Avril to the Company’s Board of Directors. Mr. Kahn is the founder and managing partner of Vintage Capital Management, which owns 14.9% of the Company’s common shares. Mr. Bartoli is an established executive with over 35 years of experience in the global power industry; Mr. Avril has over 35 years of financial and operational experience in private and public companies.
Read More
Koen W. Bogers Named Managing Director of B&W Vølund
December 7, 2017
(ESBJERG, DENMARK – December 7, 2017) – Babcock & Wilcox Enterprises, Inc. (B&W) announced today that Koen W. Bogers has been named Managing Director of its Denmark-based Renewable energy subsidiary, Babcock & Wilcox Vølund (B&W Vølund).
Read More