Babcock & Wilcox

Recent Press Releases

Press Releases

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Babcock & Wilcox Announces Increased Full-Year Adjusted EBITDA     Target of $105 Million to $115 Million, New Contracts and Awards of Approximately $500 Million Year-to-Date

Apr 10, 2024

Babcock & Wilcox Announces Increased Full-Year Adjusted EBITDA Target of $105 Million to $115 Million, New Contracts and Awards of Approximately $500 Million Year-to-Date

Babcock & Wilcox Enterprises, Inc. announced today that year-to-date signed contracts and awards total approximately $500 million, nearly doubling the total value achieved during the same period in 2023.

Babcock & Wilcox Receives Contracts Totaling $24 Million for Three Middle East Industrial Boilers

Mar 20, 2024

Babcock & Wilcox Receives Contracts Totaling $24 Million for Three Middle East Industrial Boilers

Babcock & Wilcox announced today that its B&W Thermal segment has been awarded contracts totaling approximately $24 million to design, manufacture and supply three industrial boilers and associated equipment for petrochemical facilities in the Middle East and Central Asia regions.

Power Plant 2

Mar 18, 2024

Babcock & Wilcox Signs Agreement for Power Plant Fuel-Switching Project Valued at Approximately $246 Million

Babcock & Wilcox announced today that its B&W Thermal business segment has signed an agreement valued at approximately $246 million for a gas conversion project for a power plant in North America.

BW News

Mar 14, 2024

Babcock & Wilcox Enterprises Reports Fourth Quarter and Full Year 2023 Results

Babcock & Wilcox Enterprises, Inc. announced results for the fourth quarter and full year 2023.

Babcock and Wilcox Quarterly Webcast

Feb 29, 2024

Babcock & Wilcox Sets Fourth Quarter and Full Year 2023 Conference Call and Webcast for Thursday, March 14, 2024 at 5 p.m. ET

Babcock & Wilcox expects to host a conference call and webcast on Thursday, March 14, 2024 at 5 p.m. ET.

Babcock Wilcox Canada Awarded 13 Million Contract to Supply Equipment and Services to Reduce Environmental Emissions from North American Petroleum Refinery

Feb 12, 2024

Babcock & Wilcox Canada Awarded $13 Million Contract to Supply Equipment and Services to Reduce Environmental Emissions from North American Petroleum Refinery

Babcock & Wilcox Enterprises, Inc. announced today that its subsidiary, Babcock & Wilcox Canada Corp. (B&W Canada), has been awarded a contract for more than $13 million to supply equipment and design and engineering services to help a petroleum refinery in North America comply with environmental regulations.

Solar Contracts in PA

Jan 25, 2024

Babcock & Wilcox Awarded Utility-Scale Solar EPC Contracts Totaling 75 Megawatts in Pennsylvania

B&W announced today that its subsidiary, Babcock & Wilcox Solar Energy, Inc., has been awarded contracts by Cypress Creek Renewables, LLC to implement three utility-scale photovoltaic solar power installations totaling 75 megawatts in western Pennsylvania.

BrightLoop in Wyoming

Jan 24, 2024

Babcock & Wilcox and Black Hills Energy Receive State of Wyoming Grant to Develop a Low-Carbon Hydrogen Facility Using BrightLoop™ Technology

B&W and Black Hills Energy announced today that the companies have received a $16 million grant from the Wyoming Energy Authority to fund the permitting, engineering and development activities for a clean hydrogen generation facility with carbon dioxide (CO2) capture and sequestration at Black Hills Energy’s Neil Simpson Power Plant in Gillette, Wyo.

fin012024

Jan 22, 2024

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.

Press Release Graphic Nov 2023

Nov 21, 2023

Babcock & Wilcox Enterprises to Participate at Janney Montgomery Scott’s Inaugural Clean Energy Investment Symposium December 5-6, 2023

Babcock & Wilcox Enterprises, Inc. has been invited to participate at Janney Montgomery Scott’s Inaugural Clean Energy Investment Symposium, which is being held at Tulane University, New Orleans, LA, December 5-6, 2023.

Press Release Post Nov 2023 BW Appoints Dr. Naomi Boness Ph.D. to Board of Directors

Nov 14, 2023

Babcock & Wilcox Enterprises, Inc. Appoints Dr. Naomi Boness (Ph.D.) to Board of Directors

Babcock & Wilcox Enterprises, Inc. announced today that Dr. Naomi Boness (Ph.D.) has been appointed to its Board of Directors, increasing the size of the Board to seven members.

Babcock Wilcox Enterprises Reports Second Quarter 2023 Results

Nov 9, 2023

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.

3Q23 Conference Call and Webcast

Oct 26, 2023

Babcock & Wilcox Sets Third Quarter 2023 Conference Call and Webcast for Thursday, November 9, 2023 at 5 p.m. ET

Babcock & Wilcox expects to host a conference call and webcast on Thursday, November 9, 2023 at 5 p.m. ET.

10 4 23 Babcock Wilcox Canada Corp. Awarded Nearly 11 Million Power Plant Maintenance Contract

Oct 4, 2023

Babcock & Wilcox Canada Corp. Awarded Nearly $11 Million Power Plant Maintenance Contract

Babcock & Wilcox Enterprises, Inc. announced today that its Canadian subsidiary, Babcock & Wilcox Canada Corp. (“B&W Canada”), has been awarded a multi-year utility plant maintenance contract from Newfoundland and Labrador Hydro for its Holyrood Thermal Generating Station in Newfoundland, Canada, valued at nearly $11 million with customer options for additional work.

Babcock Wilcox Awarded Environmental Equipment Contracts for U.S. Industrial Facilities Totaling 11 Million 760x605

Sep 26, 2023

Babcock & Wilcox Awarded Environmental Equipment Contracts for U.S. Industrial Facilities Totaling $11 Million

Babcock & Wilcox Enterprises, Inc. announced today that its B&W Environmental business segment has been awarded environmental equipment contracts totaling more than $11 million to supply two replacement wet electrostatic precipitators (ESPs) at two U.S. industrial facilities and rebuild a wet ESP for a third facility.

sepconf

Aug 31, 2023

Babcock & Wilcox Enterprises to Present at September Investor Conferences

Babcock & Wilcox Enterprises today announced that the Company is scheduled to participate in the 7th Annual Lake Street Best Ideas Growth (“BIG7”) Conference and the 22nd Annual D.A. Davidson Diversified Industrials & Services Conference, both of which are planned for September 2023.