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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.
View Web PageBabcock & 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.
View Web PageB&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.
View Web PageBabcock & 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.
View Web PageB&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.
View Web PageBabcock & 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.
View Web PageBabcock & Wilcox Enterprises Reports Third Quarter 2021 Results
Babcock & Wilcox Enterprises, Inc.announced results for the third quarter of 2021.
View Web PageBabcock & 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.
View Web PageBabcock & 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.
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.