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Babcock & Wilcox Announces Conclusion of Previously-Disclosed SEC Investigation
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
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
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
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
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
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 Renewable Receives $38 Million Technology Award for New Waste-to-Energy Facilities in East Asia
Babcock & Wilcox announced today that its B&W Renewable segment has received an award for more than $38 million to supply waste-to-energy technologies for municipal waste projects in East Asia.
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Unlocking Hidden Combustion Properties of Waste Streams
Fluidized bed combustion technology offers the potential to use a wide range of carbon-neutral biomass sources, as well as municipal and industrial waste to produce steam for processes and electrical power. However, biomass and waste fuels are not all created equal. Read more by B&W’s Jim DeSellem as featured in Biofuels Digest.
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Babcock & Wilcox to Accelerate Growth in Clean Energy with Acquisition of Renewable Services Firm, VODA A/S; Will Form B&W Renewable Service Unit
Babcock & Wilcox Enterprises, Inc. announced today that it has signed a definitive agreement to acquire VODA A/S, a leading multi-brand aftermarket parts and service provider for the waste-to-energy and biomass-to-energy markets based in Vejen, Denmark.
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Babcock & Wilcox Renewable Awarded $35 Million Contract to Supply Waste-to-Energy Technologies for Facilities in Greenland
B&W's Renewable segment has been awarded a contract for more than $35 million by Greenland’s national waste management company, ESANI A/S, to supply and install advanced combustion, emissions control and related equipment for its new municipal waste-to-energy facilities.
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