CHARLOTTE, N.C.--(BUSINESS WIRE)--
Babcock & Wilcox Enterprises, Inc. (B&W) (NYSE:BW) announced today that
its Denmark-based subsidiary, Babcock & Wilcox Vølund A/S (B&W Vølund),
has been awarded a contract for approximately $35 million to design,
supply and construct a waste-to-energy boiler for a combined heat and
power plant in Boden, Sweden.
B&W Vølund’s customer, Bodens Energi AB (BEAB), is a municipally owned
producer and distributor of electricity and heating. The boiler,
featuring a DynaGrate®
combustion grate system and with a thermal capacity of 35 megawatts,
will be added to BEAB’s existing plant and will supply steam for power
generation and district heating. B&W Vølund completed the existing Boden
facility in 2008.
“We thank BEAB for once again selecting B&W Vølund for an important
infrastructure project such as this,” said Jimmy Morgan, senior vice
president of B&W’s Renewable business segment. “Waste-to-energy
continues to be a proven, clean and reliable technology to address the
energy and waste disposal needs of our customers in Europe, and we’re
pleased to supply some of the most advanced technologies in the
industry.”
The new waste line and boiler will be capable of handling up to 13 tons
of municipal solid waste per hour and is scheduled for completion in
April 2019.
About B&W
Headquartered in Charlotte, N.C., Babcock & Wilcox is a global leader
in energy and environmental technologies and services for the power and
industrial markets. B&W companies employ approximately 5,700 people
around the world. Follow us on Twitter @BabcockWilcox
and learn more at www.babcock.com.
Forward-Looking Statements
B&W cautions that this release contains forward-looking statements,
including statements relating to the scope, timing and value, to the
extent value may be viewed as an indicator of future revenues, of the
BEAB contract. These forward-looking statements involve a
number of risks and uncertainties, including, among other things, delays
or other difficulties executing the BEAB contract and adverse
modifications to the contract, including termination. If one or
more of these or other risks materialize, actual results may vary
materially from those expressed. For a more complete discussion of these
and other risk factors, please see B&W's filings with the Securities and
Exchange Commission, including our most recent annual report on Form
10-K and subsequent quarterly reports on Form 10-Q. B&W cautions not to
place undue reliance on these forward-looking statements, which speak
only as of the date this release, and undertakes no obligation to update
or revise any forward-looking statement, except to the extent required
by applicable law.
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Source: Babcock & Wilcox Enterprises, Inc.