Babcock & Wilcox Awarded $65 Million Contract to Provide Engineering and Advanced Technology for UK Waste-to-Energy Plant
Babcock & Wilcox (B&W) (NYSE: BW) announced today that its B&W Environmental and B&W Renewable business segments have been awarded a contract for approximately $65 million by Lostock Sustainable Energy Plant Ltd. (LSEP) to provide engineering services and advanced technologies for the LSEP Sustainable Energy plant located at Lostock Gralam near Manchester, UK.
- Babcock & Wilcox (B&W) (NYSE: BW) announced today that its B&W Environmental and B&W Renewable business segments have been awarded a contract for approximately $65 million by Lostock Sustainable Energy Plant Ltd. (LSEP) to provide engineering services and advanced technologies for the LSEP Sustainable Energy plant located at Lostock Gralam near Manchester, UK.
- The Lostock plant will utilize residual waste to generate 60+ megawatts of energy for residents and businesses.
- Additionally, this plant will be one of the largest operational waste-to-energy plants in the UK processing around 600,000 tonnes of waste annually.
- The site of the plant was previously the site of a decommissioned coal-fired power plant.