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Babcock & Wilcox Renewable Awarded $22 Million Waste-to-Energy Technology Contract to Support Customer’s Clean Energy Transition

Babcock & Wilcox announced today its B&W Renewable business segment has been awarded a contract for approximately $22 million to design and supply advanced waste-to-energy technology to help a power producer in Asia reduce its reliance on coal and decrease the amount of waste sent to landfills.

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Babcock & Wilcox Acquires FPS

Babcock & Wilcox Enterprises, Inc. announced that it has acquired Fossil Power Systems, Inc. (“FPS”), a leading designer and manufacturer of hydrogen, natural gas and renewable pulp and paper combustion equipment including ignitors, plant controls and safety systems based in Dartmouth, Nova Scotia, Canada.

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B&W Thermal Awarded $6 Million Contract to Provide Advanced Technology for Gas Conversion of Middle East Chemical Plant

Babcock & Wilcox announced today that its B&W Thermal segment has been awarded a contract for more than $6 million to provide advanced technologies to convert a Middle East chemical plant’s six boilers from oil to cleaner, lower-emission fuel.

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Babcock & Wilcox Renewable Awarded $11 Million Contract to Provide Technologies for Biomass Boiler Upgrade

Babcock & Wilcox announced today that its B&W Renewable segment has been awarded a contract for more than $11 million to design, manufacture, supply, and install boiler equipment for a biomass boiler in Canada.

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B&W Thermal Awarded Equipment Installation Contracts with Large U.S. Utility Totaling More Than $18 Million

Babcock & Wilcox announced today that its B&W Thermal segment has been awarded contracts totaling more than $18 million to install equipment to improve the operating efficiency, performance, and increase availability for two power plants for a large U.S. utility. B&W’s subsidiary, Babcock & Wilcox Construction Co., LLC (BWCC), will install waterwall panels, reheater tubes, and other technologies.  

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Babcock & Wilcox and its Fosler Solar Subsidiary Welcome Secretary of Energy Granholm for Tour of “Illinois Solar for All” Project

Babcock & Wilcox and Fosler Solar, a Babcock & Wilcox company, welcomed U.S. Department of Energy Secretary Jennifer Granholm today for a tour of the company’s Gar Creek solar project in Kankakee, Ill., which is part of the Illinois Solar for All program.

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Babcock & Wilcox Enterprises Reports Third Quarter 2021 Results

Babcock & Wilcox Enterprises, Inc.announced results for the third quarter of 2021.

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Babcock & Wilcox Enterprises Reports Second Quarter 2021 Results

"Our results for the second quarter of 2021 demonstrate our steady progress towards achieving our adjusted EBITDA targets of $70-$80 million and $95-$105 million, in 2021 and 2022, respectively," said Kenneth Young, B&W's Chairman and Chief Executive Officer.

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Babcock & Wilcox Enterprises Announces Four-Year Senior Financing Facility

Establishes new revolving credit facility and letter of credit availability to support the Company’s working capital needs, multi-year projects and growth initiatives
Replaces the Company’s prior Credit Agreement one year before its June 2022 refinancing requirement

(AKRON, Ohio – July 7, 2021) – Babcock & Wilcox Enterprises, Inc.

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Babcock & Wilcox Enterprises Reports First Quarter 2021 Results

Q1 2021 Highlights:

Revenues of $168. 2 million, a 13. 3% improvement compared to first quarter 2020
Net loss of $15. 5 million, compared to net loss of $31. 5 million in first quarter 2020
 Loss per share of $0. 22, compared to loss per share of $0.

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