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Stock impact report

B&W Vølund Awarded Plant Service Contracts for Waste-to-Energy Customers in U.K., Denmark

Babcock & Wilcox Enterprises, Inc. (BW) 
Last babcock & wilcox enterprises, inc. earnings: 3/1 04:42 pm Check Earnings Report
US:NYSE Investor Relations: babcockwinery.com
Company Research Source: Business Wire
AKRON, Ohio--(BUSINESS WIRE)--Babcock & Wilcox Vølund A/S (Vølund), a subsidiary of Babcock & Wilcox Enterprises, Inc. (B&W) (NYSE: BW), has been awarded a multi-year service contract for two U.K. waste-to-energy plants owned by Viridor, and a plant upgrade service contract for Frederikshavn Forsyning A/S’s combined heat and power waste-to-energy plant in Frederikshavn, Denmark. The combined value of the contracts is more than $4 million.Under the first agreement, Vølund will provide inspection, maintenance and optimization services for equipment it previously supplied to Viridor’s low-carbon heat and energy facilities. The second agreement calls for Vølund to design and install new equipment and provide diagnostic services for the Frederikshavn plant’s boiler.“With its decades of experience and knowledge, Vølund is well-positioned to provide maintenance, field engineering, upgrades and parts to renewable energy plants in Europe,” said Jimmy Morgan, Senior Vice President, The Babc Show less Read more
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