Babcock & Wilcox Awarded $42 Million Contract for Installation of Environmental Equipment for U.S. Power Plant
18 Agosto 2022 - 7:30AM
Business Wire
Babcock & Wilcox (B&W) (NYSE: BW) announced today that
Babcock & Wilcox Construction Co., LLC (BWCC) has been awarded
a contract for approximately $42 million to provide construction
and installation services for an environmental upgrade project at a
U.S. power plant.
“We have significant experience and expertise in large
environmental installation projects to help the U.S. power fleet
continue to operate cleanly and efficiently,” said B&W
Executive Vice President and Chief Operating Officer Jimmy Morgan.
“BWCC is a single-source supplier of a full range of field
construction, construction management and maintenance services and
our customers can count on us to execute projects on schedule and
with intense focus on delivering a finished product that meets
every expectation.”
BWCC’s project scope includes the modification of the plant’s
environmental equipment to optimize the plant’s operation.
As with all BWCC projects, safety and finishing each day
incident- and injury-free will be a top priority.
“BWCC has a strong history of performing high-quality work and
executing U.S. environmental projects safely,” said BWCC Vice
President and General Manager Mike Hidas. “We look forward to
delivering this critical upgrade project to our customer.”
About Babcock & Wilcox
Headquartered in Akron, Ohio, Babcock & Wilcox Enterprises,
Inc. is a leader in energy and environmental products and services
for power and industrial markets worldwide. Follow us on LinkedIn
and learn more at babcock.com.
Forward-Looking Statements
B&W cautions that this release contains forward-looking
statements, including, without limitation, statements relating to
the awarding of a contract to provide construction and installation
services for a power plant in the United States. These
forward-looking statements are based on management’s current
expectations and involve a number of risks and uncertainties. For a
more complete discussion of these risk factors, see our filings
with the Securities and Exchange Commission, including our most
recent annual report on Form 10-K. If one or more of these risks or
other risks materialize, actual results may vary materially from
those expressed. We caution readers not to place undue reliance on
these forward-looking statements, which speak only as of the date
of this release, and we undertake no obligation to update or revise
any forward-looking statement, except to the extent required by
applicable law.
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version on businesswire.com: https://www.businesswire.com/news/home/20220818005259/en/
Investor Contact: Investor Relations Babcock & Wilcox
704.625.4944 investors@babcock.com
Media Contact: Ryan Cornell Public Relations Babcock
& Wilcox 330.860.1345 rscornell@babcock.com
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