(BARBERTON, Ohio – October 8, 2018) – Babcock & Wilcox Enterprises, Inc. (NYSE:BW) announced today that it has closed the sale of its MEGTEC and Universal industrial services business to Dürr AG for $130 million, subject to adjustment.

(BARBERTON, Ohio – October 2, 2018) – Babcock & Wilcox Enterprises, Inc. (NYSE:BW) (“B&W”) announced that the Committee on Foreign Investment in the United States (CFIUS) has completed its review of the company’s previously announced sale of its MEGTEC and Universal businesses to Dürr AG (“Dürr”) and determined that there are no unresolved national security concerns with respect to the sale.  All required regulatory reviews for the transaction are now complete, and B&W and Dürr are making final closing preparations.  The parties expect to close promptly.

(BARBERTON, Ohio – September 24, 2018) – Babcock & Wilcox Enterprises, Inc. (NYSE:BW) (B&W) announced today it has reached an agreement with joint venture developers Industrial Commercial Properties LLC (ICP) and Industrial Realty Group, LLC (IRG) to lease new office space in the renovated East End development in Akron, Ohio, and that its Barberton and Copley operations will relocate to this new space in 2019. The lease agreement is for an initial term of 15 years. Additionally, B&W announced it is relocating its corporate headquarters to Ohio from Charlotte, N.C.

(CHARLOTTE, N.C. – Sept. 18, 2018) – Babcock & Wilcox Enterprises, Inc. (NYSE:BW) announced today that it has closed its previously announced sale of Palm Beach Resource Recovery Corporation (PBRRC) to a subsidiary of Covanta Holding Corporation for $45 million, subject to adjustment. 

(CHARLOTTE, N.C. – September 6, 2018) – Babcock & Wilcox Enterprises, Inc. (B&W) (NYSE:BW) announced today that Kenneth Siegel has been appointed to its Board of Directors. Mr. Siegel is an accomplished business executive with more than 20 years of experience as a senior leader of major corporations.