Browsing Tag
Base Electron
2 posts
Babcock & Wilcox raised $230m at $18.50. Its $50m buyback can now reverse 44% of those new shares
Babcock & Wilcox sold 12.43 million shares at $18.50 in May. With BW near $9.19, the authorised $50 million buyback could retire about 5.44 million shares, but AI-project working capital makes the timing more complicated.
Babcock & Wilcox secures 1GW of Siemens Energy turbines as $14bn AI power pipeline faces conversion test
Babcock & Wilcox has moved to secure another 1GW of Siemens Energy steam turbines for future data-center power projects after its Base Electron contract helped drive a 130% quarterly revenue surge. The strategy could create a speed-to-market advantage, but the next 1GW is being positioned against opportunities that remain outside contracted backlog.