Babcock & Wilcox Enterprises, Inc. (B&W) (NYSE: BW), has completed the sale of its Danish subsidiary, Babcock & Wilcox Renewable Service A/S (BWRS), to Hitachi Zosen Inova AG (HZI) based in Zurich, Switzerland. The transaction, finalized on June 28, 2024, was valued at $87 million, subject to customary fees and adjustments. BWRS, a key player […]
Babcock & Wilcox (B&W), listed on NYSE under the ticker BW, announced today that its B&W Environmental segment has clinched a significant contract valued at approximately $15 million. This deal involves supplying environmental equipment to an industrial facility in the Middle East, reinforcing B&W’s standing as a frontrunner in environmental solutions globally. This contract underscores […]
Babcock & Wilcox (B&W) said that its B&W renewable business has won contracts worth over $12 million from an undisclosed customer for installing solar panels for a couple of utility-scale solar projects in the US Midwest with a total capacity of 144MW. According to Babcock & Wilcox, the photovoltaic solar farms will generate power for […]