- Project is fifth European engineer-procure-construct (EPC) loss project company has completed and turned over to customers in recent months- Vølund to provide operations and maintenance services under 15-year contract

(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.

- 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

- B&W Vølund commences plant operations and maintenance under long-term contract

(BARBERTON, Ohio – February 26, 2019) – Babcock & Wilcox Enterprises, Inc. (NYSE:BW) (B&W) announced today that its Denmark-based subsidiary, Babcock & Wilcox Vølund A/S, has signed a licensing agreement to provide its water-cooled vibrating grate technology for biomass boilers to thyssenkrupp Industries India Pvt. Limited on an exclusive basis for projects in India, Nepal, Sri Lanka, Bangladesh, Myanmar and Bhutan.