The Latest Breaking News from BW

Babcock & Wilcox Enterprises Inc's (NYSE:BW) newly acquired Denmark-based B&W Renewable Service A/S subsidiary has secured a contract for more than $15 million to design and install a biomass-fired boiler and other combustion equipment for a green energy project in Europe. The 48-megawatt boiler is the first B&W-designed bubbling fluidized bed (BFB) boiler…

Babcock & Wilcox Enterprises, Inc. (NYSE:BW) received more than $23 million in orders for parts and services from utility and industrial customers in North America in April, as overall demand for these services rebounded to pre-pandemic levels. The company noted orders include environmental aftermarket parts and services for electrostatic precipitators and other equipment,…

Babcock & Wilcox Enterprises Inc (B&W) (NYSE:BW) has partnered with Kiewit Industrial to deliver Fidelis New Energy’s planned net-negative carbon impact biomass power plant at the Port of Greater Baton Rouge, Louisiana. Deal terms not disclosed. The planned facility, called Project Cyclus, will provide power for Fidelis’ state-of-the-art, 73,000-barrel-per-day Grön Fuels facility. B&W…

Babcock & Wilcox Enterprises Inc (NYSE:BW) reported fourth-quarter revenue growth of 28.3% year-over-year to $192.3 million, missing the consensus of $196.62 million. EPS improved to $0.30, compared to $0.09 a year ago. The operating income improved to $9.7 million, from $2.2 million, and the margin expanded by 358 bps to 5%. Adjusted EBITDA…