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Babcock & Wilcox News

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Babcock & Wilcox Named One of America’s Most Trustworthy Companies by Newsweek

June 9, 2022

Babcock & Wilcox has been named one of America’s Most Trustworthy Companies by Newsweek.
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Jeffrey J. Veness Receives 2022 B&W Engineering Honors Award

April 12, 2022

Babcock & Wilcox (B&W) announced today that Jeffrey J. Veness has been named the 41st recipient of the 2022 B&W Engineering Honors Award. During his more than 48 years of service, Veness has exemplified a commitment to engineering, integrity, mentorship and professional excellence that has been a hallmark of B&W’s reputation since its founding.
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Creating a Ripple to Provide Clean Water

March 29, 2022

One of the United Nation’s Sustainable Development Goals calls for access to clean, affordable, and safe drinking water for all. Of the 785 million people around the globe without access to clean water, Africa has the greatest need, where 1 in 3 face water scarcity and approximately 400 million in sub-Saharan Africa lack access to basic drinking water.
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Babcock & Wilcox Acquires FPS

February 2, 2022

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

December 14, 2021

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

December 9, 2021

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 Enterprises Announces Proposed Public Offering of $125 Million of Senior Notes Due 2026

December 6, 2021

Babcock & Wilcox Enterprises announced the commencement of an underwritten registered public offering of $125 million aggregate principal amount of senior notes due 2026.
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Babcock & Wilcox Completes Acquisition of Renewable Parts and Service Firm, VODA A/S

November 30, 2021

Babcock & Wilcox Enterprises, Inc. announced today that it has completed its previously announced acquisition of VODA A/S, a leading multi-brand aftermarket parts and service provider for energy plants in Scandinavia. The combined VODA A/S and B&W service business will be part of the company’s B&W Renewable segment, creating a platform for growth in renewable service in Europe.
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B&W Environmental Continues Business Growth in Middle East with Contract to Supply Cooling System for Petrochemical Facility

November 3, 2021

Babcock & Wilcox announced today that its B&W Environmental segment has been awarded a contract for approximately $5 million to supply a SPIG S.p.A. cooling system for a petrochemical facility in the Middle East.
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Babcock & Wilcox Signs Exclusive Global Licensing Agreement with Ohio State Innovation Foundation for Innovative Chemical Looping Technology for Decarbonization and Hydrogen Production, Further Enhancing B&W’s BrightLoop™ Offering

November 2, 2021

Babcock & Wilcox announced today that it has signed an agreement with the Ohio State Innovation Foundation for an exclusive, worldwide commercial license for a chemical looping process and particle used for decarbonization and the production of hydrogen, steam and/or syngas, which complements B&W’s existing technology portfolio.
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Babcock & Wilcox Sets Third Quarter 2021 Conference Call and Webcast for Wednesday, November 10, 2021 at 5 p.m. ET

November 2, 2021

Babcock & Wilcox Enterprises, Inc. expects to host a conference call and webcast on Wednesday, November 10, 2021 at 5 p.m. ET.
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Babcock & Wilcox Environmental Awarded Contract for Approximately $30 Million to Supply Emissions Control Technologies for U.S. Industrial Facility

October 28, 2021

Babcock & Wilcox announced today that its B&W Environmental segment has been awarded a contract for approximately $30 million to design and supply a full suite of environmental technologies for a U.S. industrial facility.
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