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B&W Environmental Awarded $13 Million Contract to Supply Clean Energy and Water Treatment Technologies for Waste-to-Energy Plant in Europe
February 11, 2021
(AKRON, Ohio – February 11, 2021) – Babcock & Wilcox (B&W) (NYSE: BW) announced today that its B&W Environmental segment will design, supply and install a flue gas energy recovery system and advanced water treatment equipment for a waste-to-energy plant in Europe. The contract is valued at more than $13 million.
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Babcock & Wilcox Enterprises Announces Pricing of $155 Million Offerings of Senior Notes Due 2026
February 10, 2021
Includes B. Riley Financial exchanging a portion of its existing Tranche A term loan for $35 million of senior notes
(AKRON, Ohio – February 10, 2021) – Babcock & Wilcox Enterprises, Inc. ("B&W" or the "Company") (NYSE: BW) announced that on February 10, 2021 it priced an underwritten public offering of $120 million aggregate principal amount of 8.125% senior notes due 2026. B&W has granted the underwriters a 30-day option to purchase up to an additional $5 million aggregate principal amount of senior notes in connection with the offering. The offering is expected to close on February 12, ...
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(AKRON, Ohio – February 10, 2021) – Babcock & Wilcox Enterprises, Inc. ("B&W" or the "Company") (NYSE: BW) announced that on February 10, 2021 it priced an underwritten public offering of $120 million aggregate principal amount of 8.125% senior notes due 2026. B&W has granted the underwriters a 30-day option to purchase up to an additional $5 million aggregate principal amount of senior notes in connection with the offering. The offering is expected to close on February 12, ...
Babcock & Wilcox Enterprises Announces Pricing of Common Stock Offering
February 10, 2021
(AKRON, Ohio – February 10, 2021) – Babcock & Wilcox Enterprises, Inc. ("B&W" or the "Company") (NYSE: BW) announced that it priced an underwritten registered public offering of 25,641,026 shares of its common stock at a price to the public of $5.85 per share (the “Offering”), for gross proceeds of approximately $150 million, before deducting underwriting discounts and commissions and estimated offering expenses payable by the Company. The Company has granted the underwriter a 30-day option to purchase up to an additional 3,846,154 of its common stock sold in the proposed offering at t...
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Babcock & Wilcox Enterprises Announces Proposed Public Offering of $110 million of Senior Notes Due 2026
February 9, 2021
Announces intent of B. Riley Financial to exchange $35 million of its existing term loan for senior notes Proceeds to be used to support clean energy growth initiatives and restructure senior and term debt Revolving credit facility to be permanently reduced by 75% of the senior note value, exclusive of the value of the B. Riley Financial term loan exchange Interest on remaining Tranche A term loan to be significantly reduced (AKRON, Ohio – February 9, 2021) – Babcock & Wilcox Enterprises, Inc. ("B&W" or the "Company") (NYSE: BW) announced the commencement of an underwritten public offering...
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Babcock & Wilcox Enterprises Announces Proposed Public Offering of Common Stock
February 9, 2021
Proceeds to be used to support clean energy growth initiatives and retire debt B. Riley Financial to acquire 10.7 million shares from Vintage Capital Management Announces intent of B. Riley Financial to exchange $35 million of its existing term loan for newly issued senior notes (AKRON, Ohio – February 9, 2021) – Babcock & Wilcox Enterprises, Inc. ("B&W" or the "Company") (NYSE: BW) announced the commencement of an underwritten public offering of shares of its common stock. B&W expects to grant the underwriters a 30-day option to purchase up to an additional 15% of its common stock sold ...
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Babcock & Wilcox Enterprises Releases Preliminary Fourth Quarter and Full Year 2020 Results
February 9, 2021
Preliminary Q4 2020 Highlights: Revenues of $149.9 million Net income of $2.4 million Earnings per share of $0.04 Consolidated adjusted EBITDA of $16.1 million Bookings of $167 million Preliminary Full Year 2020 Highlights: Revenues of $566.3 million Net income of $(12.5) million Earnings per share of $(0.26) Consolidated adjusted EBITDA of $45.1 million Bookings of $645 million Minimum required pension funding contributions reduced by $107 million or 75% (AKRON, Ohio – February 9, 2021) – Babcock & Wilcox Enterprises, Inc. ("B&W" or the "Company") (NYSE: BW) announced certain preliminary ...
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B&W Thermal Awarded $15 Million Contract to Supply Package Boilers for Municipal Project
February 2, 2021
B&W Thermal’s Package Boilers Provide Reliable Performance Under Demanding Conditions
Boilers to be Used in Desalination Process as Part of the Production of Drinking Water (AKRON, Ohio – February 2, 2021) – Babcock & Wilcox (B&W) (NYSE: BW) announced today that its B&W Thermal segment will design and supply two package boilers and related equipment for a desalination plant. The contract is valued at more than $15 million.
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Boilers to be Used in Desalination Process as Part of the Production of Drinking Water (AKRON, Ohio – February 2, 2021) – Babcock & Wilcox (B&W) (NYSE: BW) announced today that its B&W Thermal segment will design and supply two package boilers and related equipment for a desalination plant. The contract is valued at more than $15 million.
B&W’s Asia and Middle East Expansion Continues; Yields New Environmental Contracts Totaling $10 Million
January 26, 2021
(AKRON, Ohio – January 26, 2021) – Babcock & Wilcox (B&W) (NYSE: BW) announced today that its strategic growth and expansion initiatives in Asia and the Middle East have continued to accelerate, resulting in two new contracts totaling $10 million for its B&W Environmental business segment.
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B&W Environmental Awarded $10 Million Contract to Supply Emissions Reduction Technology to a U.S. Carbon Black Facility
January 19, 2021
(AKRON, Ohio – January 19, 2021) – Babcock & Wilcox (B&W) (NYSE: BW) announced today that its B&W Environmental segment will design and supply environmental technologies to reduce sulfur oxides emissions for Cabot Corporation’s carbon black manufacturing facility in Ville Platte, La. The contract is valued at more than $10 million.
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B&W Environmental Awarded $8 Million Contract for High-Efficiency Air-Cooled Condenser for U.K. Waste-to-Energy Plant
January 12, 2021
(AKRON, Ohio – January 13, 2021) – Babcock & Wilcox (B&W) (NYSE: BW) announced today that its B&W Environmental segment will design, supply and install a SPIG S.p.A. air-cooled condenser for a waste-to-energy plant in the United Kingdom. The contract is valued at more than $8 million.
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B&W Environmental Awarded $10 Million Contract to Supply Advanced Ash Handling System
January 5, 2021
(AKRON, Ohio – January 5, 2021) – Babcock & Wilcox (B&W) (NYSE: BW) announced today that its B&W Environmental segment will design and supply advanced ash-handling equipment to a U.S. power plant customer. The contract is valued at more than $10 million.
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Authorized Valve and Repair Center for FPS® Products
January 3, 2021
Flotech is an authorized Valve Repair/Sales Center for the southeastern U.S. market, certified to perform repairs and disassemble FPS® FM 7400 approved valves.
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