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 (NYSE: BW) has announced a definitive agreement to acquire a 60% stake in Fosler Construction, a leading provider of solar construction services in Illinois. This strategic acquisition aims to enhance B&W's capabilities in the solar energy sector and capitalize on a robust project pipeline exceeding 1 gigawatt. The transaction is expected to close by the end of September 2021, pending customary conditions. Fosler Construction will remain under the leadership of CEO Paul Fosler, who will retain a minority stake, and will enhance B&W's renewable segment.
Babcock & Wilcox Enterprises (NYSE: BW) will participate in Lake Street’s Fifth Annual Best Ideas Growth (BIG5) Conference on September 14-15, 2021. Kenneth Young, CEO, and Louis Salamone, CFO, will hold one-on-one meetings during the event. The conference gathers executives from over 100 public growth companies, providing a platform for interaction with institutional investors. This invitation-only event showcases dynamic public companies and aims to enhance investor engagement.
Babcock & Wilcox Enterprises (NYSE: BW) will present at the 10th Annual Gateway Conference on September 9, 2021, at 11:30 a.m. Eastern time. The presentation, featuring CEO Kenneth Young and CFO Louis Salamone, will be available via a live webcast and for replay. The Gateway Conference connects management teams from nearly 800 growth companies with institutional investors, analysts, and investment bankers. For more details, visit the Gateway Conference website or contact B&W's investor relations.
Babcock & Wilcox Enterprises (NYSE: BW) has announced the appointment of Kim Bredahl as Senior Vice President of B&W Renewable, effective September 1, 2021. This strategic addition aims to enhance the company's renewable energy initiatives as the demand for sustainable energy solutions rises. Bredahl brings over 30 years of experience in the energy sector, particularly in waste-to-energy project development. His expertise will support the growth of B&W's innovative technologies in waste-to-energy and biomass energy fields, aligning with the company's circular economy goals.
Babcock & Wilcox Enterprises (NYSE: BW) is set to participate in the Seaport Research Partners Annual Summer Investor Conference on August 24-25, 2021. CEO Kenneth Young and CFO Louis Salamone will conduct one-on-one meetings during the event. This conference will feature over 100 management teams and 250 institutional investors engaging in various meetings. B&W is a leader in energy and environmental products and services, headquartered in Akron, Ohio. For more details or to schedule a meeting, interested parties can contact CorporateAccess@seaportrp.com.
Babcock & Wilcox Enterprises (NYSE: BW) will participate in the B. Riley Securities Summer Summit on August 18-19, 2021, at the Proper Hotel in Santa Monica, California. CEO Kenneth Young and CFO Louis Salamone will conduct one-on-one meetings throughout the event. Interested parties can request an invitation or schedule a meeting by emailing 1on1@brileyfin.com.
The summit aims to connect investors with select companies highlighted by B. Riley's equity research team.
Babcock & Wilcox Enterprises (BW) reported a strong Q2 2021, achieving revenues of $202.9 million, a 49.8% increase year-over-year. Key performance indicators included an increase in adjusted EBITDA to $15.1 million, up from $1.7 million in Q2 2020. Despite COVID-19 challenges, the company is advancing its clean energy initiatives, with a project pipeline exceeding $6 billion. Recent financing agreements and a reduction of secured debt by over $347 million bolster BW's growth strategies. The firm anticipates 3-5 new renewable build bookings in 2021.
Babcock & Wilcox (NYSE: BW) will host a conference call and webcast on August 12, 2021, at 5 p.m. ET, to discuss its second quarter 2021 results.
Chairman and CEO Kenneth Young, along with CFO Louis Salamone, will provide insights into the Company’s performance. The results will be released after market close on the same day. Interested participants can access the call via B&W's Investor Relations site, with U.S. dial-in at (833) 227-5843 and international dial-in at (647) 689-4070, using conference ID 8265265.
Babcock & Wilcox Enterprises (NYSE: BW) will present at the Jefferies Industrials Conference on August 3, 2021, at 3:30 p.m. Eastern time. Kenneth Young, Chairman and CEO, and Louis Salamone, CFO, will be featured during this virtual event.
The conference aims to connect over 1,000 executives and investors, focusing on investment opportunities in the industrial sector.
One-on-one meetings with B&W management are also available. For more details and to view the presentation, visit the provided link.
Babcock & Wilcox (NYSE: BW) has secured two contracts worth over $11 million to enhance emission controls and energy efficiency at a power plant in Asia. The contracts include supplying a low-NOx combustion system and upgrading existing combustion equipment. These developments align with B&W's strategy to expand in the Asia-Pacific region, underpinned by the establishment of a regional headquarters in Perth, Australia, in 2020. With a focus on clean energy technologies, B&W aims to meet the growing demand for sustainable solutions across global markets.