Babcock & Wilcox Enterprises, Inc. Common Stock (BW)
1.3600
+0.0100 (0.74%)
Babcock & Wilcox Enterprises is a global leader in energy technology and services, specializing in advanced solutions for energy generation and environmental control
The company designs and manufactures a wide range of products and systems for the power generation industry, including renewable energy technologies and emissions reduction solutions. Babcock & Wilcox also provides maintenance and operational services to enhance the efficiency and reliability of power plants. With a commitment to sustainability, the company focuses on developing innovative technologies that support cleaner energy production and help clients achieve their environmental goals.
Babcock & Wilcox Enterprises, Inc. to sell Denmark-based subsidiary for $87M, aligns with company's strategy to divest non-core assets and reduce debt.
Babcock & Wilcox Enterprises secures a $246 million gas conversion project deal for a North American power plant through its B&W Thermal business segment. With limited notice to proceed granted, full contract commencement is expected by Q4 2024, signaling a significant shift from coal to natural gas for the plant's two boilers, totaling over 1,000 megawatts.
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