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Babcock & Wilcox Enterprises Announces New $150 Million Senior Secured Credit Facility; Reaffirmed Credit Rating of BB+
B&W today announced that, effective January 18, 2024, it has entered into a new three-year senior secured credit agreement with Axos Bank under which Axos has provided an asset-based revolving credit facility of up to $150 million that can be used to support letters of credit, renewable energy growth initiatives and potential accretive business purposes.
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Babcock & Wilcox Enterprises Reports Third Quarter 2023 Results and Announces Strategic Business Realignment
Babcock & Wilcox Enterprises, Inc. announced results for the third quarter of 2023 and information regarding its strategic business realignment.
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Babcock & Wilcox Enterprises Reports Second Quarter 2023 Results
Babcock & Wilcox Enterprises, Inc. announced results for the second quarter of 2023.
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Babcock & Wilcox Solar Energy, Inc. Awarded Community Solar Contracts Totaling $20 Million
Babcock & Wilcox announced today that its subsidiary, Babcock & Wilcox Solar Energy, Inc., has been awarded contracts totaling more than $20 million by Summit Ridge Energy, LLC, for the engineering, procurement and construction (EPC) of 25 MW of community solar energy projects in Illinois.
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Babcock & Wilcox Enterprises Reports Third Quarter 2021 Results
Babcock & Wilcox Enterprises, Inc.announced results for the third quarter of 2021.
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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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Babcock & Wilcox Enterprises Reports Second Quarter 2021 Results
"Our results for the second quarter of 2021 demonstrate our steady progress towards achieving our adjusted EBITDA targets of $70-$80 million and $95-$105 million, in 2021 and 2022, respectively," said Kenneth Young, B&W's Chairman and Chief Executive Officer.
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