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B&W Evaluating a Separation of its Businesses
October 1, 2014
CHARLOTTE, NC (CHARLOTTE, N.C. – October 1, 2014) – The Babcock & Wilcox Company (B&W) (NYSE:BWC) today announced that its Board of Directors is evaluating the separation of the Company’s Power Generation Business and Government & Nuclear Operations Business into two publicly traded companies. The Board’s goal is to determine whether a separation creates the opportunity for enhanced shareholder value and business focus. B&W has retained JPMorgan as its financial advisor and Wachtell, Lipton, Rosen & Katz and Jones Day as legal advisors to assist in this process.
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B&W Previews New South Florida Waste to Energy Plant
August 28, 2014
CHARLOTTE, NC
Event Highlights Promise of Waste-to-Energy as a Source of Clean, Renewable Power
(WEST PALM BEACH, FL – August 28, 2014) – The Babcock & Wilcox Company (B&W) (NYSE: BWC) today hosted Congressman Patrick Murphy (D-FL-18) for a tour of the Solid Waste Authority of Palm Beach County Renewable Energy Park, including the country’s first new waste-to-energy (WtE) plant to be built since 1995. As a reliable and non-intermittent source of renewable energy with the most modern environmental control equipment, WtE technology is poised to be a much larger part of America’s energy m...
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Event Highlights Promise of Waste-to-Energy as a Source of Clean, Renewable Power
(WEST PALM BEACH, FL – August 28, 2014) – The Babcock & Wilcox Company (B&W) (NYSE: BWC) today hosted Congressman Patrick Murphy (D-FL-18) for a tour of the Solid Waste Authority of Palm Beach County Renewable Energy Park, including the country’s first new waste-to-energy (WtE) plant to be built since 1995. As a reliable and non-intermittent source of renewable energy with the most modern environmental control equipment, WtE technology is poised to be a much larger part of America’s energy m...
B&W Announces Second Quarter 2014 Results
August 7, 2014
CHARLOTTE, NC Today B&W announced second quarter 2014 results.
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B&W Awarded Construction Contract For AEP SWEPCO Power Plant in Arkansas
August 4, 2014
CHARLOTTE, NC (CHARLOTTE, N.C. – August 4, 2014) – The Babcock & Wilcox Company (B&W) (NYSE:BWC) announced today that Babcock & Wilcox Construction Co., Inc. (BWCC), a subsidiary of Babcock & Wilcox Power Generation Group, Inc. (B&W PGG), has been awarded a contract to erect a dry flue gas desulfurization (FGD) unit at Southwestern Electric Power Co.’s (SWEPCO) Flint Creek Power Plant in Gentry, Ark.
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B&W Volund Signs $80 Million Contract to Build Biomass Power Plant in Denmark
July 23, 2014
CHARLOTTE, NC (CHARLOTTE, N.C. – July 23, 2014) – The Babcock & Wilcox Company (B&W) (NYSE:BWC) announced today that Babcock & Wilcox Vølund A/S (B&W Vølund), a subsidiary of Babcock & Wilcox Power Generation Group, Inc. (B&W PGG), has been awarded a contract for more than $80 million to build a 280 megawatt-thermal (MWth) biomass boiler system for the Skærbækværket power plant near Fredericia, Denmark.
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B&W Awards Scholarships to 12 Outstanding Local Students
July 18, 2014
CHARLOTTE, NC (CHARLOTTE, N.C. – July 18, 2014) – The Babcock & Wilcox Company (B&W) (NYSE:BWC) announced today that 12 high school students who have a parent working for B&W were selected to receive college scholarships.
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B&W Awarded Contract For Dominican Republic Coal Fired Boiler Project
July 16, 2014
CHARLOTTE, NC (CHARLOTTE, N.C. – July 16, 2014) – The Babcock & Wilcox Company (B&W) (NYSE:BWC) announced today that its subsidiary, Babcock & Wilcox Power Generation Group, Inc. (B&W PGG), has been awarded a contract to design and manufacture two coal-fired boilers to be installed in the Punta Catalina Power Plant for Corporación Dominicana de Empresas Eléctricas Estatales (CDEEE) in the Dominican Republic.
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B&W Announces Completion of Acquisition of Industrial Products and Services Firm MEGTEC
June 23, 2014
CHARLOTTE, NC (CHARLOTTE, N.C. – June 23, 2014) – The Babcock & Wilcox Company (B&W) (NYSE:BWC) announced today that its subsidiary, Babcock & Wilcox Power Generation Group, Inc. (B&W PGG), has completed the acquisition of MEGTEC, a De Pere, Wis.-headquartered industrial processes solutions provider, based on an enterprise value of $155 million, subject to adjustments.
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B&W To Acquire International Industrial Products and Services Firm MEGTEC
May 13, 2014
CHARLOTTE, NC (CHARLOTTE, N.C. – May 13, 2014) – The Babcock & Wilcox Company (B&W) (NYSE:BWC) announced today that its subsidiary, Babcock & Wilcox Power Generation Group, Inc. (B&W PGG), has signed a definitive agreement to acquire industrial processes solutions provider MEGTEC based on an enterprise value of $155 million, subject to adjustment for MEGTEC’s cash and indebtedness and certain other closing items.
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B&W Announces First Quarter 2014 Results
May 5, 2014
CHARLOTTE, NC Today B&W announced first quarter 2014 results.
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B&W, The Ohio State University Awarded U.S. DOE Funding For Continued Development of Carbon Dioxide Capture Technology
May 1, 2014
CHARLOTTE, NC (CHARLOTTE, N.C. – May 1, 2014) – The Babcock & Wilcox Company (B&W) (NYSE:BWC) is pleased to announce that the U.S. Department of Energy has selected its subsidiary, Babcock & Wilcox Power Generation Group, Inc. (B&W PGG), to receive a $2.5 million award for Phase 2 development of iron-based Coal Direct Chemical Looping (CDCL) technology.
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B&W Names Jeff Kidwell Its 35th Engineering Honors Award Recipient
March 18, 2014
BARBERTON, OHIO (BARBERTON, Ohio – March 17, 2014) – Babcock & Wilcox Power Generation Group, Inc. (B&W PGG), a subsidiary of The Babcock & Wilcox Company, has named John “Jeff” Kidwell, an engineer and technical specialist in its Barberton office, the recipient of its 35th annual Engineering Honors Award in celebration of National Engineers Week.
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