Welcome to our dedicated page for Babcock & Wilcox Enterprises I news (Ticker: BW), a resource for investors and traders seeking the latest updates and insights on Babcock & Wilcox Enterprises I stock.
Babcock & Wilcox Enterprises, Inc. (BW) is an Akron, Ohio‑based energy technology company that focuses on energy and environmental products and services for power and industrial markets worldwide. Its news flow reflects activities across its B&W Renewable, B&W Environmental, and B&W Thermal segments, as well as capital markets events and corporate governance developments.
Visitors to this BW news page can review company announcements about project awards, technology deployments, and strategic agreements. Recent press releases include contracts for advanced low‑pressure Wet Gas Scrubbing technology at a Canadian petroleum refinery, boiler refurbishment and equipment installation for a Canadian pulp and paper mill, and service work at a U.S. coal‑fired power plant to install replacement steam and reheat piping. These items illustrate how Babcock & Wilcox applies its steam generation and environmental control capabilities in real‑world projects.
The company also reports news related to carbon capture and AI data center power projects, such as limited notices to proceed for its SolveBright CO₂ capture system at a U.S. power plant and agreements to design and install natural gas‑fired power plants using proven boiler and steam turbine configurations for AI factories and data centers. In addition, investors can follow updates on at‑the‑market equity offerings, redemption of senior notes, and other financing activities disclosed through press releases and related SEC filings.
Corporate and investor‑relations news items include participation in conferences like the Needham Growth Conference and the B. Riley Convergence Conference, as well as announcements about board and executive transitions. This news page brings together these disclosures so that readers can review how Babcock & Wilcox communicates its project pipeline, technology focus, financing actions, and leadership changes over time.
Babcock & Wilcox Enterprises, Inc. (NYSE: BW) announced the acquisition of Fossil Power Systems, Inc. (FPS), a leader in combustion technologies, on February 1, 2022. This strategic move aims to enhance B&W's portfolio in sustainable technologies, particularly for hydrogen and renewable energy applications. FPS, based in Dartmouth, Nova Scotia, has a strong history of providing quality combustion equipment globally. The integration is expected to leverage combined expertise for growth in large-scale fuel conversions and after-market services across over 70 countries.
Babcock & Wilcox (NYSE: BW) announced a significant contract worth over
Babcock & Wilcox (NYSE: BW) has secured a contract worth over $11 million to design and install boiler equipment for a biomass boiler in Canada. The project includes replacing pressure parts and upgrading the wood feed and air systems. Babcock & Wilcox Canada Corp. will handle the installation. The company emphasizes its experience in providing advanced solutions for renewable biomass-fired plants, aiding customers in achieving energy and environmental goals while maintaining operational reliability.
Babcock & Wilcox (NYSE: BW) has secured contracts exceeding
Babcock & Wilcox (NYSE: BW) has signed a cooperation agreement with Applied Blockchain to develop clean energy projects supporting cryptocurrency mining operations over the next three years. This collaboration aims to generate up to 1.5 gigawatts of electrical capacity utilizing B&W's renewable technologies, including carbon capture and hydrogen production. B&W executives highlighted their commitment to addressing the growing demand for sustainable energy in the crypto sector, leveraging their extensive experience and innovative solutions.
Babcock & Wilcox Enterprises (NYSE: BW) announced the completion of a public offering of $140 million in senior notes due 2026, with net proceeds of approximately $134 million. The funds will be utilized for general corporate purposes, including potential acquisitions and clean energy initiatives. The Senior Notes received a BB+ rating from Egan-Jones Ratings Company and will trade under the symbol 'BWNB' starting December 17, 2021. The offering was conducted under a shelf registration statement filed with the SEC.
Babcock & Wilcox (NYSE: BW) and its subsidiary Fosler Solar showcased the Gar Creek solar project to U.S. Department of Energy Secretary Jennifer Granholm in Kankakee, Illinois. This 4.8-megawatt project is set to provide clean energy for nearly 1,000 residents, creating approximately 45 union jobs during construction. The initiative, part of the Illinois Solar for All program, aims to give low-income households better access to renewable energy, promising significant savings on energy bills. The project is anticipated to be completed in Q1 2022.
Babcock & Wilcox Enterprises has announced a public offering of $140 million in 6.50% senior notes due 2026, with an option for underwriters to purchase an additional $21 million. The offering, closing on December 13, 2021, aims to finance general corporate purposes such as acquisitions and clean energy initiatives. These notes are rated BB+ by Egan-Jones and will be listed on NYSE under the symbol ‘BWNB’. The company has effective shelf registration for the notes filed with the SEC.
Babcock & Wilcox (NYSE: BW) has secured a $24 million contract for a new waste-to-energy project in Europe. The project aims to reduce reliance on coal, processing 29 tons of waste per hour through advanced technologies, including the patented DynaGrate combustion system. This initiative will economically generate clean power and diminish net carbon dioxide emissions. The company anticipates growing interest in its solutions for clean energy and emissions reduction, reflecting a positive outlook for future opportunities in the renewable market.
Babcock & Wilcox Enterprises (NYSE: BW) has launched an underwritten public offering of $125 million in senior notes due 2026. The offering is subject to market conditions, and underwriters may purchase additional notes. The proceeds will be utilized for general corporate purposes, including potential acquisitions and clean energy initiatives. Both Babcock & Wilcox and the senior notes received a BB+ rating from Egan-Jones Ratings Company. The offering is registered under Form S-3 with the SEC, with terms and interest rates set at pricing.
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