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Babcock & Wilcox Environmental Awarded $13 Million Contract to Provide Advanced Technology to Reduce Environmental Impact of Power Plant Ash

Babcock & Wilcox announced today that its B&W Environmental segment has been awarded a contract for approximately $13 million to design and supply equipment to reduce the environmental impact of ash at a U.S. power plant.

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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 Applied Blockchain, Inc. Sign Cooperation Agreement to Develop Energy Projects for Cryptocurrency Mining

Babcock & Wilcox announced today that it has signed a cooperation agreement with Dallas-based Applied Blockchain, Inc. (Applied Blockchain) (PINK: APLD) to identify and explore opportunities to develop, supply, construct and operate baseload power and clean energy projects in the next three years to support cryptocurrency mining operations.

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Babcock & Wilcox Enterprises Announces Closing of $140 Million Offering of Senior Notes Due 2026

Babcock & Wilcox Enterprises, Inc. announced that on December 13, 2021 it closed an underwritten public offering of $140 million aggregate principal amount of 6.50% senior notes due 2026 (the “Senior Notes”). Gross proceeds are exclusive of underwriting discounts and commissions and estimated offering expenses payable by the Company.

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Babcock & Wilcox Enterprises Announces Pricing of $140 Million Offering of Senior Notes Due 2026

Babcock & Wilcox Enterprises, Inc. announced that on December 8, 2021 it priced an underwritten public offering of $140 million aggregate principal amount of 6.50% senior notes due 2026 (the “Senior Notes”). B&W has granted the underwriters a 30-day option to purchase up to an additional $21 million aggregate principal amount of Senior Notes in connection with the offering. The offering is expected to close on December 13, 2021, subject to the satisfaction of customary closing conditions.

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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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