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FastPower
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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.