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Babcock & Wilcox to Install Efficiency-Improving Technology for Oil Sands Boilers
July 27, 2020
Babcock & Wilcox Awarded $30 Million Boiler Component Contract
July 23, 2020
B&W SPIG Awarded Air-Cooled Condenser Retrofit Contract for Renewable Energy Plant in France
June 4, 2020
Babcock & Wilcox Enterprises Announces First Quarter 2020 Results
May 14, 2020
- GAAP consolidated operating income improved by $21.7 million over the prior-year quarter to an operating loss of $10.3 million
- Consolidated adjusted EBITDA improved by $5.1 million over the prior-year quarter
- Babcock & Wilcox segment adjusted EBITDA improved by 17.2% over the prior-year quarter to $10.7 million
- Company successfully completed its financing process, providing a two-year credit extension and additional liquidity
(AKRON, Ohio – May 14, 2020) – Babcock & Wilcox Enterprises, Inc. ("B...
Babcock & Wilcox to Webcast Discussion of Its First Quarter 2020 Results
May 14, 2020
B&W Completes Two-Year Financing Agreement and Credit Extension
May 14, 2020
- Strengthens capital structure in support of the Company’s long-term operations
(AKRON, Ohio – May 14, 2020) – Babcock & Wilcox Enterprises, Inc. (NYSE: BW) (“B&W”) announced today that the Company has amended its Credit Agreement, which amendment replaces and supersedes the previously disclosed agreement to refinance the Company’s senior debt by May 15, 2020, among other things. Under the terms of the amended Credit Agreement, the Company's current revolving credit facility and availa...
B&W Provides Update on Refinancing
May 12, 2020
(AKRON, Ohio – May 12, 2020) – Babcock & Wilcox Enterprises, Inc. (NYSE: BW) (“B&W” and the “Company”) announced today that the Company is nearing the completion of its financing process and expects to make an announcement regarding its debt refinancing on or before the May 15, 2020 deadline under its current amended Credit Agreement. The Company and its lenders are in the process of finalizing a definitive agreement for a longer-term credit extension.
B&W Vølund Awarded Plant Service Contracts for Waste-to-Energy Customers in U.K., Denmark
April 30, 2020
B&W SPIG to Supply Cooling Towers for Petrochemical Plant in Belgium
April 1, 2020
Babcock & Wilcox Enterprises Announces Results for Fourth Quarter and Full Year 2019
March 30, 2020
- GAAP consolidated operating income improved by $147.7 million quarter-over-quarter to positive income of $10.0 million
- Company generated earnings per share of $0.26 and consolidated adjusted EBITDA of $19.3 million
- Vølund segment returned to profitability on an adjusted EBITDA basis
Full Year 2019 Highlights:
- GAAP consolidated operating income improved by $397.2 million year-over-year to a loss of $29.4 million
- Company generated consolidated adjusted EBITDA of $33.3 million, returning to full-year profitability on an adjusted EBITDA basis
- All segments generat...
Babcock & Wilcox to Webcast Discussion of Its Fourth Quarter and Full Year 2019 Results
March 27, 2020
Babcock & Wilcox Announces Preliminary Unaudited Q4 and Full Year 2019 Results
March 12, 2020
(AKRON, Ohio - March 12, 2020) - Babcock & Wilcox Enterprises, Inc. (NYSE:BW) (B&W or the “Company”) today announced preliminary, unaudited fourth quarter 2019 and full-year 2019 financial results. The Company is providing these preliminary results in light of current market volatility and coronavirus concerns.