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Babcock & Wilcox Announces Conclusion of Previously-Disclosed SEC Investigation
October 25, 2021
On October 20, 2021, Babcock & Wilcox Enterprises, Inc. received a letter from the staff of the Division of Enforcement of the Atlanta Regional office of the U.S. Securities and Exchange Commission confirming that the staff has concluded its investigation of the Company that the Company has previously disclosed in its SEC filings and that it does not intend to recommend to the Commission that an enforcement action be brought against the Company.
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B&W Renewable Signs Agreement to Jointly Develop Innovative Biomass-to-Hydrogen Clean Energy Project in Australia Using BrightLoop™ Technology
October 18, 2021
Babcock & Wilcox announced today that its B&W Renewable segment has entered into an agreement with Port Anthony Renewables Limited to jointly develop a biomass-to-hydrogen clean energy project in Port Anthony, Victoria, Australia utilizing B&W’s BrightLoop™ technology. When completed, the plant is expected to be part of the largest green hydrogen hub in southeastern Australia.
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Babcock & Wilcox Asia-Pacific Business Growth Continues with $7 Million Southeast Asia Thermal Equipment and Service Order
October 14, 2021
Babcock & Wilcox announced today that its B&W Thermal segment has received an order for approximately $7 million to provide equipment and services for a utility customer in Southeast Asia.
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Diamond Power Finland Oy to Supply Sootblowers for Bioproduct Mill
October 12, 2021
Babcock & Wilcox subsidiary Diamond Power Finland Oy has been selected to supply sootblowers to Metsä Fibre’s new bioproduct mill in Kemi, Finland. The mill’s recovery boiler will be equipped with a fully retractable sootblower, and a rake-sootblower will be supplied for the mill’s flue gas cooling system.
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B&W Environmental Awarded $10 Million Contract to Install Technologies to Help Customer Meet Environmental Compliance Requirements
October 7, 2021
Babcock & Wilcox announced today that its B&W Environmental segment has been awarded a contract for approximately $10 million to install ash-handling equipment that will support its customer’s environmental compliance requirements. The installation work will be performed by Babcock & Wilcox Construction Co., LLC.
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B&W Completes Acquisition of Majority Stake in Fosler Construction; Will Operate as Fosler Solar, a Babcock & Wilcox Company
October 5, 2021
Babcock & Wilcox Enterprises, Inc. announced today that it has completed its acquisition of a majority interest in Illinois-based solar energy contractor Fosler Construction Company Inc. Fosler will be part of the B&W Renewable segment and operate under the name Fosler Solar, a Babcock & Wilcox company.
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Babcock & Wilcox Enterprises to Present at D.A. Davidson’s 20th Annual Diversified Industrials & Services Conference on September 22, 2021
September 16, 2021
Babcock & Wilcox Enterprises, Inc. has been invited to present at D.A. Davidson’s 20th Annual Diversified Industrials & Services Conference, which is being held virtually on September 22-23, 2021.
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Babcock & Wilcox Renewable to Expand into Solar Energy through Acquisition of Majority Ownership Interest in Leading Solar Installation Firm Fosler Construction
September 15, 2021
Babcock & Wilcox Enterprises, Inc. announced today that it has signed a definitive agreement to acquire a majority ownership stake in Illinois-based solar energy contractor Fosler Construction Company Inc. (“Fosler Construction”), significantly enhancing its capabilities in solar energy.
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Kim Bredahl Joins Babcock & Wilcox Enterprises as Senior Vice President, B&W Renewable; Will Lead Company’s Renewable Energy Growth Initiative
August 24, 2021
Babcock & Wilcox Enterprises, Inc. announced today that Kim Bredahl will join the company as Senior Vice President, B&W Renewable, effective Sept. 1, 2021.
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Babcock & Wilcox Enterprises to Participate in Seaport Research Partners Annual Summer Investor Conference on August 24-25, 2021
August 19, 2021
Babcock & Wilcox Enterprises, Inc. has been invited to participate in the Seaport Research Partners Annual Summer Investor Conference, which is being held virtually on August 24-25, 2021.
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