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 private bond exchanges that will significantly restructure its debt profile. The company will exchange $131.8 million of its outstanding Senior Notes due 2026 for $100.8 million in newly issued 8.75% Senior Secured Second Lien Notes due 2030.
The exchange includes approximately $84 million in 8.125% Senior Notes due February 2026 and $48 million in 6.50% Senior Notes due December 2026. This restructuring will result in an annual interest expense reduction of $1.1 million. The exchanges are subject to customary closing conditions and have not been registered under the Securities Act.
Babcock & Wilcox (NYSE:BW) has scheduled its first quarter 2025 earnings conference call and webcast for Monday, May 12, 2025, at 5:00 PM ET. Chairman and CEO Kenneth Young and CFO Cameron Frymyer will lead the discussion of the company's Q1 2025 results. The earnings release is expected to be published after market close on the same day.
The conference call will be accessible via dial-in numbers: (833) 470-1428 for U.S. participants, (833) 950-0062 for Canadian participants, and (929) 526-1599 for international participants, using conference ID 848055. A live webcast will be available on B&W's Investor Relations website, with a replay accessible for a limited time after the call.
Babcock & Wilcox (NYSE: BW) announced plans to utilize funds from the sale of its Danish subsidiary's assets to Kanadevia Inova for deploying a BrightLoop™ hydrogen production facility in Massillon, Ohio. The facility will produce 3-5 tons of hydrogen daily from water while capturing carbon dioxide. Additionally, B&W signed a Memorandum of Understanding with Kanadevia Inova to explore potential cooperation on BrightLoop projects using waste and biomass feedstocks.
The company's BrightLoop technology uses proprietary iron-oxide TranspO2rt™ particles to produce hydrogen by splitting water molecules and capturing carbon emissions more efficiently and cost-effectively than other technologies, compatible with both solid and gaseous fuels.
Babcock & Wilcox (NYSE: BW) has sold the majority of assets of its Denmark-based subsidiary B&W A/S to Kanadevia Inova Denmark A/S for $20 million. The transaction includes the DynaGrate® combustion grate and waste-to-energy combustion technologies, along with the transfer of approximately 50 employees primarily located in Denmark. A portion of the proceeds will be used for B&W's BrightLoop™ hydrogen production and carbon capture facility in Massillon, Ohio.
Under the agreement, Kanadevia Inova will take over certain European projects, while B&W will retain other contracts with support from Kanadevia Inova. B&W will continue serving the waste-to-energy market in North America with its boiler, environmental, and energy solutions. The sale aligns with B&W's strategy to divest certain assets to reduce debt and secure working capital.
Babcock & Wilcox (NYSE: BW) has received a notice from the New York Stock Exchange (NYSE) on April 4, 2025, indicating non-compliance with continued listing standards due to its average closing stock price falling below $1.00 over a consecutive 30 trading-day period.
The company has a six-month cure period to regain compliance with the minimum share price requirement. During this period, BW's stock will continue trading on the NYSE, subject to other listing requirements. Compliance can be restored if the stock achieves a closing price of at least $1.00 and maintains an average closing price of $1.00 over any 30 trading-day period ending on the last trading day of any calendar month during the cure period.
The notice does not impact BW's business operations, SEC reporting obligations, or trigger any debt obligation violations.
Babcock & Wilcox (NYSE: BW) reported Q4 2024 results with revenue from continuing operations of $200.8 million, up 15% year-over-year. Operating income increased to $11.6 million compared to a loss of $3.3 million in Q4 2023.
Full year 2024 highlights include stable revenues of $717.3 million, improved bookings of $889.6 million (up 39%), and backlog growth to $540.1 million (up 47%). The company reduced its net loss to $73.0 million from $75.8 million in 2023.
Key developments include:
- Completed asset sales of $120.9 million in 2024
- Progressing BrightLoop hydrogen project in Massillon, Ohio, targeting production by early 2026
- Received $10 million support from West Virginia for BrightLoop facility
- Anticipates positive net cash flow in 2025 (excluding BrightLoop)
- 2025 adjusted EBITDA target range: $70-85 million
However, with total debt of $473.9 million and ongoing refinancing discussions, the company faces substantial doubt about its ability to continue as a going concern.
Babcock & Wilcox (NYSE:BW) has scheduled its Fourth Quarter 2024 earnings conference call and webcast for Monday, March 31, 2025, at 5:00 PM ET. The company's Chairman and CEO Kenneth Young, along with CFO Cameron Frymyer, will present the quarterly results.
The earnings release is expected to be published after market close on the same day. Investors can access the live audio broadcast through B&W's Investor Relations website. For call participation, U.S. participants can dial (833) 470-1428, Canadian participants (833) 950-0062, and international participants (929) 526-1599, using conference ID 798073.