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Babcock & Wilcox News

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Babcock & Wilcox Announces Agreement to Sell its Denmark-based Renewable Parts and Services Subsidiary

July 1, 2024

Babcock & Wilcox announced today that it has sold its Denmark-based Babcock & Wilcox Renewable Service A/S (BWRS) subsidiary to Zurich, Switzerland-based Hitachi Zosen Inova AG (HZI).
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Renewable Energy Summit Meetings in Scandinavia

June 20, 2024

As leaders in the renewable energy industry committed to the collective advancement of technology – and the people who drive it – B&W Renewable hosts waste-to-energy and biomass-to-energy experts from throughout Denmark, Sweden and Norway for an epic knowledge-sharing event. Known as ERFA which is short for the Danish word “erfaring,” meaning “experience,” these highly anticipated meetings bring together customers, partners, competitors and colleagues who make and support operations and maintenance decisions. These by-invitation-only meetings are typically held in the Spring, with ...
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Babcock & Wilcox Construction Co., LLC Awarded More Than $20 Million in Power Plant Outage and Rebuild Work

May 20, 2024

Babcock & Wilcox announced today that Babcock & Wilcox Construction Co., LLC (BWCC) has been awarded U.S. power plant outage and rebuild work valued at more than $20 million.
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Babcock & Wilcox Enterprises Reports First Quarter 2024 Results

May 9, 2024

Babcock & Wilcox Enterprises, Inc. announced results for the first quarter 2024.
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Babcock & Wilcox Sets First Quarter 2024 Conference Call and Webcast for Thursday, May 9, 2024 at 5 p.m. ET

April 25, 2024

Babcock & Wilcox expects to host a conference call and webcast on Thursday, May 9, 2024 at 5 p.m. ET.
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Babcock & Wilcox Awarded Contract to Upgrade Renewable Energy Boilers in Southeast Asia

April 15, 2024

Babcock & Wilcox announced today that its Babcock & Wilcox Renewable Service A/S (B&W Renewable Service) subsidiary has been awarded a contract valued at more than $7 million to upgrade three municipal and commercial waste-fueled boilers and combustion equipment at a waste-to-energy power plant in Southeast Asia.
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Babcock & Wilcox Announces Increased Full-Year Adjusted EBITDA Target of $105 Million to $115 Million, New Contracts and Awards of Approximately $500 Million Year-to-Date

April 10, 2024

Babcock & Wilcox Enterprises, Inc. announced today that year-to-date signed contracts and awards total approximately $500 million, nearly doubling the total value achieved during the same period in 2023.
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Anthony A. Silva Named 2024 Babcock & Wilcox Engineering Honors Award Winner

April 9, 2024

Babcock & Wilcox announced today that Anthony (Tony) A. Silva has been named the 43rd recipient of the B&W Engineering Honors Award. Since beginning his career with B&W in 1990, Silva has become a highly regarded technical expert in environmental emissions control technologies, a trusted resource for customers and a respected colleague and mentor.
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Babcock & Wilcox Sets Fourth Quarter and Full Year 2023 Conference Call and Webcast for Thursday, March 14, 2024 at 5 p.m. ET

February 29, 2024

Babcock & Wilcox expects to host a conference call and webcast on Thursday, March 14, 2024 at 5 p.m. ET.
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Babcock & Wilcox Awarded Utility-Scale Solar EPC Contracts Totaling 75 Megawatts in Pennsylvania

January 25, 2024

B&W announced today that its subsidiary, Babcock & Wilcox Solar Energy, Inc., has been awarded contracts by Cypress Creek Renewables, LLC to implement three utility-scale photovoltaic solar power installations totaling 75 megawatts in western Pennsylvania.
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Babcock & Wilcox and Black Hills Energy Receive State of Wyoming Grant to Develop a Low-Carbon Hydrogen Facility Using BrightLoop™ Technology

January 24, 2024

B&W and Black Hills Energy announced today that the companies have received a $16 million grant from the Wyoming Energy Authority to fund the permitting, engineering and development activities for a clean hydrogen generation facility with carbon dioxide (CO2) capture and sequestration at Black Hills Energy’s Neil Simpson Power Plant in Gillette, Wyo.
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Babcock & Wilcox Enterprises Announces New $150 Million Senior Secured Credit Facility; Reaffirmed Credit Rating of BB+

January 22, 2024

B&W today announced that, effective January 18, 2024, it has entered into a new three-year senior secured credit agreement with Axos Bank under which Axos has provided an asset-based revolving credit facility of up to $150 million that can be used to support letters of credit, renewable energy growth initiatives and potential accretive business purposes.
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