(BARBERTON, Ohio – April 11, 2019) – Babcock & Wilcox Enterprises, Inc. ("B&W") (NYSE: BW) announced today its subsidiary, Babcock & Wilcox Vølund A/S (Vølund), has successfully turned over a waste-fired boiler for a combined heat and power plant to its customer, Bodens Energi AB (BEAB), a municipally owned producer of electricity and heat in Boden, Sweden.

B&W will host a conference call and webcast on Monday, April 8, 2019 at 5 p.m. Eastern time. B&W Chief Executive Officer Kenneth Young, B&W Chief Financial Officer Louis Salamone and B&W Chief Strategy Officer Henry Bartoli will discuss the new financing arrangements, as well as the Company’s fourth quarter 2018 results. The listen-only audio of the conference call will be broadcast live via the Internet at www.babcock.com. The dial-in number for participants in the U.S. is (833) 227-5843; the dial-in number for participants outside the U.S. is (647) 689-4070. The conference ID for all participants is 6287128. A replay of this conference call will remain accessible in the investor relations section of the Company's website for a limited time.  

- Company now positioned to return to profitability by unlocking the value of its core businesses - Agreement provides a $150 million term loan and additional $15 million incremental facility - Settlements significantly reduce and limit risks and obligations on European Vølund loss contracts - Investor call and webcast set for April 8, 2019

(BARBERTON, Ohio. – April 2, 2019) – Today, Babcock & Wilcox Enterprises, Inc. (NYSE: BW) released its annual report on Form 10-K, which is available on the investor section of the Company’s website, www.babcock.com. Also, as previously announced on March 29, 2019 on Form 8-K, the Company and its lenders entered into an agreement further amending its credit agreement and waiving certain covenants and events of default through April 5, 2019.  Pending the disclosure of additional information regarding the outcome of ongoing discussions with our lenders and potential sources of additional capital, the Company directs investors and other interested parties to its full disclosure regarding its financial position and results of operations included in its annual report on Form 10-K.