B&W Closes Sale of Palm Beach Resource Recovery Corporation
Babcock & Wilcox Enterprises, Inc. (BW)
Last babcock & wilcox enterprises, inc. earnings: 3/1 04:42 pm
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Source: Business Wire
CHARLOTTE, N.C.--(BUSINESS WIRE)-- Babcock & Wilcox Enterprises, Inc. (NYSE:BW) announced today that it has closed its previously announced sale of Palm Beach Resource Recovery Corporation (PBRRC) to a subsidiary of Covanta Holding Corporation for $45 million, subject to adjustment. Net proceeds from the sale will be used to reduce balances under B&W’s revolving credit facilities and for working capital purposes. PBRRC provides O&M services to the Solid Waste Authority (SWA) of Palm Beach County for two waste-to-energy facilities located in West Palm Beach, Fla., which were designed and built by B&W and its project partners. About B&W Headquartered in Charlotte, N.C., Babcock & Wilcox is a global leader in energy and environmental technologies and services for the power and industrial markets, and has been transforming our world for 151 years. Follow us on Twitter @BabcockWil
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BW
Earnings
- 11/9/23 - Miss
BW
Sec Filings
- 4/17/24 - Form SC
- 4/10/24 - Form 8-K
- 4/10/24 - Form 424B5
- BW's page on the SEC website