Babcock & Wilcox Signs Agreement for Power Plant Fuel-Switching Project Valued at Approximately $246 Million
Babcock & Wilcox Enterprises, Inc. (BW)
Last babcock & wilcox enterprises, inc. earnings: 3/1 04:42 pm
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Source: Business Wire
B&W has received limited notice to proceed on coal-to-natural gas conversion project for North American power plantCompany sees strong operating momentum in 2024 led by Thermal and Environmental business segments, with new bookings and stronger financial performance expected across all segments AKRON, Ohio--(BUSINESS WIRE)--Babcock & Wilcox (B&W) (NYSE: BW) announced today that its B&W Thermal business segment has signed an agreement valued at approximately $246 million for a gas conversion project for a power plant in North America. Under the agreement, B&W has received limited notice to proceed (LNTP) for the coal-to-natural gas project. Notice to proceed for the full contract is anticipated in the fourth quarter of 2024.B&W will convert the plant’s two coal-fired boilers – totaling more than 1,000 megawatts – to use natural gas fuel. B&W’s full scope would include the design and installation of new burners, air systems, fans and other equipment necessary to implement the fuel sw
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News
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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