B&W

Babcock & Wilcox Sets Fourth Quarter and Full Year 2023 Conference Call and Webcast for Thursday, March 14, 2024 at 5 p.m. ET

Retrieved on: 
Thursday, February 29, 2024
Environment, Other Energy, Utilities, Oil, Gas, Coal, Alternative Energy, Green Technology, Energy, Nuclear, News, ID, B&W, Webcast, Internet

Babcock & Wilcox Enterprises, Inc. (NYSE:BW) (B&W or the “Company”) expects to host a conference call and webcast on Thursday, March 14, 2024 at 5 p.m.

Key Points: 
  • Babcock & Wilcox Enterprises, Inc. (NYSE:BW) (B&W or the “Company”) expects to host a conference call and webcast on Thursday, March 14, 2024 at 5 p.m.
  • B&W Chairman and Chief Executive Officer Kenneth Young and B&W Chief Financial Officer Louis Salamone will discuss the Company’s fourth quarter and full year 2023 results.
  • A news release detailing the results is expected to be issued after the market closes on the day of the conference call and webcast.
  • The listen-only audio of the conference call will be broadcast live via the Internet on B&W’s Investor Relations site .

Babcock & Wilcox and Black Hills Energy Receive State of Wyoming Grant to Develop a Low-Carbon Hydrogen Facility Using BrightLoop™ Technology

Retrieved on: 
Wednesday, January 24, 2024
Other Natural Resources, Mining, Minerals, Other Energy, Nuclear, Utilities, Natural Resources, Oil, Gas, Coal, Alternative Energy, Environment, Energy, CO2, Black Hills Corporation, Babcock & Wilcox, B&W, Hydrogen, Steam, Carbon dioxide, Engineering

The plant design intends to use B&W’s BrightLoop™ technology to produce clean energy from coal, while CO2 emissions will be sequestered, or put to beneficial use.

Key Points: 
  • The plant design intends to use B&W’s BrightLoop™ technology to produce clean energy from coal, while CO2 emissions will be sequestered, or put to beneficial use.
  • As designed, the plant will be capable of producing 15 tons of clean hydrogen per day utilizing the BrightLoop process, which is a patented chemical looping technology.
  • “We look forward to working closely with our partner, Black Hills Energy, as we complete engineering, begin construction, and move toward completion of this commercial-scale project.
  • The BrightLoop process uses a proprietary, regenerable particle and has been demonstrated to effectively separate CO2 while producing hydrogen, steam and/or syngas.

Babcock & Wilcox Enterprises Announces New $150 Million Senior Secured Credit Facility; Reaffirmed Credit Rating of BB+

Retrieved on: 
Monday, January 22, 2024
Utilities, Environment, Oil, Gas, Coal, Alternative Energy, Energy, Nuclear, Senior, Credit, Egan-Jones Ratings Company, PNC Financial Services, B&W, Axos Bank, PNC, Axus, The Company, Growth, Security (finance)

Letters of credit issued under the previous facility with PNC are expected to transition to the Axos facility over the next several months.

Key Points: 
  • Letters of credit issued under the previous facility with PNC are expected to transition to the Axos facility over the next several months.
  • B&W also announced that the Company and its Senior Unsecured Notes (NYSE: “BWSN” and “BWNB”) have received a reaffirmed credit rating of “BB+” from the Egan-Jones Ratings Company.
  • The credit rating follows a comprehensive review and takes into consideration current market conditions.
  • “The reaffirmation of our credit rating and our new Senior Secured Credit facility reflect the stability of our business model and our continued commitment to our long-term growth capabilities.”

Babcock & Wilcox Enterprises, Inc. Appoints Dr. Naomi Boness (Ph.D.) to Board of Directors

Retrieved on: 
Tuesday, November 14, 2023
Green Technology, Oil, Gas, Alternative Energy, Energy, Environment, Hydrogen, Partnership, Woman, NYSE, Education, Geology, Doctor of Philosophy, University, B&W, Natural gas, Bo'ness, Renewable natural gas, Knowledge, Society, Initiative, Classification, Renewable energy, Nursing, Empowerment, Geophysics, Stanford University, Indiana University

Babcock & Wilcox Enterprises, Inc. (B&W) (NYSE: BW) announced today that Dr. Naomi Boness (Ph.D.) has been appointed to its Board of Directors, increasing the size of the Board to seven members.

Key Points: 
  • Babcock & Wilcox Enterprises, Inc. (B&W) (NYSE: BW) announced today that Dr. Naomi Boness (Ph.D.) has been appointed to its Board of Directors, increasing the size of the Board to seven members.
  • Dr. Boness is the Managing Director of the Natural Gas Initiative at Stanford University and Co-Managing Director of the Stanford Hydrogen Initiative.
  • Dr. Boness also teaches classes in earth science and energy engineering.
  • Dr. Boness currently serves on the Board of Directors at Aemetis, a renewable fuels company, and is an advisor to a number of startups in the energy sector.

Babcock & Wilcox Sets Third Quarter 2023 Conference Call and Webcast for Thursday, November 9, 2023 at 5 p.m. ET

Retrieved on: 
Thursday, October 26, 2023
Environment, Other Energy, Utilities, Oil, Gas, Coal, Alternative Energy, Green Technology, Energy, Nuclear, News, B&W, BW, ID, NYSE, Webcast, Internet

Babcock & Wilcox Enterprises, Inc. (NYSE:BW) (B&W or the “Company”) expects to host a conference call and webcast on Thursday, November 9, 2023 at 5 p.m.

Key Points: 
  • Babcock & Wilcox Enterprises, Inc. (NYSE:BW) (B&W or the “Company”) expects to host a conference call and webcast on Thursday, November 9, 2023 at 5 p.m.
  • B&W Chairman and Chief Executive Officer Kenneth Young and B&W Chief Financial Officer Louis Salamone will discuss the Company’s third quarter 2023 results.
  • A news release detailing the results is expected to be issued after the market closes on the day of the conference call and webcast.
  • The listen-only audio of the conference call will be broadcast live via the Internet on B&W’s Investor Relations site .

Babcock & Wilcox Canada Corp. Awarded Nearly $11 Million Power Plant Maintenance Contract

Retrieved on: 
Wednesday, October 4, 2023
Machinery, Other Energy, Machine Tools, Metalworking & Metallurgy, Utilities, Oil, Gas, Coal, Sustainability, Alternative Energy, Energy, Environment, Green Technology, Engineering, Manufacturing, Holyrood Thermal Generating Station, Maintenance, BW, B&W, Boilermaker, Pipefitter, Trade, NYSE, Safety, Construction, Newfoundland and Labrador Hydro

Babcock & Wilcox Enterprises, Inc. (“B&W”) (NYSE: BW) announced today that its Canadian subsidiary, Babcock & Wilcox Canada Corp. (“B&W Canada”), has been awarded a multi-year utility plant maintenance contract from Newfoundland and Labrador Hydro for its Holyrood Thermal Generating Station in Newfoundland, Canada, valued at nearly $11 million with customer options for additional work.

Key Points: 
  • Babcock & Wilcox Enterprises, Inc. (“B&W”) (NYSE: BW) announced today that its Canadian subsidiary, Babcock & Wilcox Canada Corp. (“B&W Canada”), has been awarded a multi-year utility plant maintenance contract from Newfoundland and Labrador Hydro for its Holyrood Thermal Generating Station in Newfoundland, Canada, valued at nearly $11 million with customer options for additional work.
  • The company will manage and execute maintenance services for the 500-megawatt oil-fired power plant’s boilers and boiler auxiliary equipment, including annual standard maintenance as well as capital projects for the plant’s units over the next three years.
  • “We thank Newfoundland and Labrador Hydro for choosing B&W Canada to provide maintenance and support for their plant, which provides energy for thousands of residents in the region,” said Mike Hidas, Vice President and General Manager, B&W Canada.
  • “We look forward to working with the Boilermakers, Pipefitters and other union workers who will be employed over the duration of this contract.

Babcock & Wilcox, General Hydrogen Corp. Agree to Key Terms for Sale of Carbon-Negative Hydrogen and CO2 Produced from Biomass at Louisiana Plant

Retrieved on: 
Monday, August 7, 2023
Environment, Other Energy, Environmental Health, Utilities, Oil, Gas, Coal, Alternative Energy, Green Technology, Energy, Nuclear, Hydrogen, Partnership, B&W, BW, Carbon, NYSE, Primary energy, Ammonia, Transport, Nitrogen, Biomass, CO2, Babcock & Wilcox

B&W’s BrightLoop process is an innovative, scalable, chemical looping technology that can produce hydrogen from virtually any feedstock, including solid fuels such as waste wood and other types of biomass.

Key Points: 
  • B&W’s BrightLoop process is an innovative, scalable, chemical looping technology that can produce hydrogen from virtually any feedstock, including solid fuels such as waste wood and other types of biomass.
  • “B&W is focused on producing clean hydrogen or carbon-negative hydrogen in the U.S. and worldwide,” said Joe Buckler, B&W Senior Vice President, Clean Energy.
  • “We are evaluating other potential projects with General Hydrogen and look forward to working with them in support of their hydrogen customers.”
    The project also represents a geographic expansion for General Hydrogen Corp. and CGI Gases.
  • We’re pleased to be collaborating in multiple markets, leveraging B&W’s expertise with General Hydrogen Corp.’s operational and distribution experience.”
    B&W’s BrightLoop facility is targeted for operation in 2026.

Babcock & Wilcox Solar Energy, Inc. Awarded Community Solar Contracts Totaling $20 Million

Retrieved on: 
Monday, July 31, 2023
Environment, Climate Change, Environmental Policy, Engineering, Environmental Health, Sustainability, Alternative Energy, Manufacturing, Green Technology, Energy, EPC, BW, B&W, Acquisition, Safety, NYSE, Renewable energy, Operation

Babcock & Wilcox Enterprises, Inc. (B&W) (NYSE: BW) announced today that its subsidiary, Babcock & Wilcox Solar Energy, Inc., has been awarded contracts totaling more than $20 million by Summit Ridge Energy, LLC, for the engineering, procurement and construction (EPC) of 25 megawatts of community solar energy projects in Illinois.

Key Points: 
  • Babcock & Wilcox Enterprises, Inc. (B&W) (NYSE: BW) announced today that its subsidiary, Babcock & Wilcox Solar Energy, Inc., has been awarded contracts totaling more than $20 million by Summit Ridge Energy, LLC, for the engineering, procurement and construction (EPC) of 25 megawatts of community solar energy projects in Illinois.
  • B&W has successfully executed multiple projects for Summit Ridge Energy, including a $15 million community solar project announced in March 2023 and a $20 million project announced in 2022.
  • Summit Ridge Energy has invested over $900 million in Illinois through the development and acquisition of 116 individual solar farms, located across 35 counties.
  • These projects have employed more than 3,500 construction workers and provide solar power savings to more than 20,000 Illinois ratepayers.

Babcock & Wilcox Sets Second Quarter 2023 Conference Call and Webcast for Tuesday, August 8, 2023 at 5 p.m. ET

Retrieved on: 
Tuesday, July 25, 2023
Other Energy, Utilities, Oil, Gas, Environment, Coal, Alternative Energy, Energy, Nuclear, Webcast, Internet, B&W, BW, News, NYSE, ID

Babcock & Wilcox Enterprises, Inc. (NYSE:BW) (B&W or the “Company”) expects to host a conference call and webcast on Tuesday, August 8, 2023 at 5 p.m.

Key Points: 
  • Babcock & Wilcox Enterprises, Inc. (NYSE:BW) (B&W or the “Company”) expects to host a conference call and webcast on Tuesday, August 8, 2023 at 5 p.m.
  • B&W Chairman and Chief Executive Officer Kenneth Young and B&W Chief Financial Officer Louis Salamone will discuss the Company’s second quarter 2023 results.
  • A news release detailing the results is expected to be issued after the market closes on the day of the conference call and webcast.
  • The listen-only audio of the conference call will be broadcast live via the Internet on B&W’s Investor Relations site .

Babcock & Wilcox Enterprises Reports First Quarter 2023 Results

Retrieved on: 
Wednesday, May 10, 2023
Manufacturing, HVAC, Other Energy, Nuclear, Utilities, Green Technology, Oil, Gas, Coal, Alternative Energy, Environment, Energy, Renewable resource, SG, Pension, COVID-19, B&W, BW, GAAP, Research, BHE, Carbon, ID, Sale, Black Hills Corporation, Internet, EBITDA, The Company, Traction, Work, Webcast, Biophysical environment, Growth, Depreciation, Transport, Adjustment, NYSE, Retail, Renewable energy, Video game, Bank

Babcock & Wilcox Enterprises, Inc. ("B&W" or the "Company") (NYSE: BW) announced results for the first quarter of 2023.

Key Points: 
  • Babcock & Wilcox Enterprises, Inc. ("B&W" or the "Company") (NYSE: BW) announced results for the first quarter of 2023.
  • Bookings in the first quarter of 2023 were $266 million, an 11% increase compared to first quarter bookings in 2022.
  • Babcock & Wilcox Renewable segment revenues were $100.1 million for the first quarter of 2023, an increase of 47% compared to $68.0 million in the first quarter of 2022.
  • Babcock & Wilcox Environmental segment revenues were $39.4 million in the first quarter of 2023, an increase of 13% compared to $34.9 million in the first quarter of 2022.