Press Releases
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Apr 10, 2025
Babcock & Wilcox Enterprises Receives Continued Listing Standard Notice from NYSE
Notice Has No Immediate Impact on the Listing or Trading of Babcock & Wilcox Common Stock
Mar 31, 2025
Babcock & Wilcox Enterprises Reports Fourth Quarter and Full Year 2024 Results
Revenue from Continuing Operations in Q4 2024 of $200.8 million increased 15% Year over Year.
Mar 17, 2025
Babcock & Wilcox will host a conference call and webcast on Monday, March 31, 2025, at 5 p.m. ET, and will discuss 4Q-2024 results.
Feb 6, 2025
Babcock & Wilcox announced today that its Babcock & Wilcox Construction Co., LLC (BWCC) subsidiary was awarded $35 million in contracts for maintenance and service work at power plants and industrial facilities in North America, contributing to a backlog of more than $160 million in construction services heading into 2025.
Jan 7, 2025
Babcock & Wilcox announced today that its B&W Thermal business segment has been awarded a contract valued at approximately $13 million to retrofit boiler cleaning equipment for a power plant in Southeast Asia.
Dec 10, 2024
B&W's subsidiary has signed an agreement for funding of up to $10 million from the West Virginia Department of Economic Development for the development of a BrightLoop™ hydrogen production and carbon capture facility in Mason County, W. Va.
Dec 2, 2024
Babcock & Wilcox Announces Leadership Appointments
B&W announced leadership changes that will become effective January 1, 2025. Lou Salamone to retire as Chief Financial Officer; Cameron Frymyer named Chief Financial Officer; Chris Riker named Chief Operating Officer; Jimmy Morgan named Chief Commercial Officer and Gillianne Hetrick named Senior Vice President, Corporate Operations.
Nov 14, 2024
Babcock & Wilcox announced today that its B&W Thermal business segment has received full notice to proceed under an agreement for a coal-to-natural gas conversion project at AES Indiana’s Petersburg Generating Station valued at approximately $246 million.
Nov 12, 2024
Babcock & Wilcox Enterprises Reports Third Quarter 2024 Results
Babcock & Wilcox Enterprises, Inc. announced results for the third quarter of 2024. "We believe that we are in a unique position to leverage the significant increase in base-load generation demand in North America and around the world," said Kenneth Young, B&W Chairman and Chief Executive Officer.
Nov 11, 2024
Babcock & Wilcox Awarded Contract to Evaluate Carbon Capture System for Sweden Waste-to-Energy Plant
B&W announced today that it has been awarded a contract to conduct a full-scale feasibility study of its SolveBright™ carbon dioxide (CO2) capture technology to be integrated into Mälarenergi AB’s waste-to-energy plant in Västerås, Sweden.
Oct 31, 2024
Babcock & Wilcox Enterprises, Inc. announced the closing of the previously announced sale of the Italy-based SPIG S.p.A. group of companies and Sweden-based Babcock & Wilcox Vølund AB — formerly known as Götaverken Miljö AB (GMAB).
Oct 29, 2024
Babcock & Wilcox will host a conference call and webcast on Tuesday, November 12, 2024 at 5 p.m. ET.
Oct 10, 2024
Babcock & Wilcox Reaches Agreement to Sell its Italian and Swedish Businesses
B&W announced today it has reached an agreement to sell its Italy-based SPIG S.p.A. group of companies and Sweden-based Babcock & Wilcox Vølund AB formerly known as Götaverken Miljö AB (GMAB).
Sep 5, 2024
Babcock & Wilcox announced today that it has been awarded a contract to conduct front-end engineering and design (FEED) for Varme Energy Inc.’s planned waste-to-energy with carbon capture and sequestration project in Alberta, Canada.
Aug 22, 2024
Babcock & Wilcox Awarded $8 Million Contract for Cooling System for U.K. Renewable Energy Project
Babcock & Wilcox announced today that its B&W Environmental business segment has been awarded a contract for more than $8 million to design and supply a cooling system for a U.K. renewable energy facility.
Aug 9, 2024
B&W Decarbonization Technologies Featured in 2024 Global Clean Energy Compendium
The Global CCS Institute has released its “State of the Art: CCS Technologies 2024” report, highlighting Babcock & Wilcox’s (B&W’s) ClimateBright™ decarbonization technologies among its compendium of the most advanced commercially ready carbon capture and storage (CCS) technologies available.