B&W Thermal Awarded $20 Million Technology Replacement Contract

AKRON, Ohio–(BUSINESS WIRE)–Babcock & Wilcox announced today that its B&W Thermal segment will design, supply and install replacement thermal technologies for a power plant in North America. The contract value is more than $20 million.

B&W Thermal will design, fabricate and supply a replacement for the unit’s primary superheater pendant, a second stage economizer and other equipment to efficiently extend the operating life of the plant’s existing technologies. B&W’s subsidiary, Babcock & Wilcox Construction Co. will provide installation services.

“Maintenance of the existing North American power fleet is a high priority for our customers, and B&W Thermal has the resources and knowledge to keep plants running at optimal levels of performance,” said B&W Chief Operating Officer Jimmy Morgan. “Whether supplying replacement parts, maintenance services, repairs and improvements of OEM technologies or competitors’ equipment, or identifying and implementing efficiency and performance improvements, B&W Thermal’s experienced and reliable teams are able to service plants in North America and worldwide.”

B&W Thermal helps power plant owners maintain a competitive edge in today’s market, helping operators keep plants running at peak efficiency, providing ongoing maintenance support, quality replacement parts and new technologies when needed to meet the latest environmental regulations.

About Babcock & Wilcox
Headquartered in Akron, Ohio, Babcock & Wilcox Enterprises is a leader in energy and environmental products and services for power and industrial markets worldwide. Follow us on LinkedIn and learn more at www.babcock.com.

About B&W Thermal
Babcock & Wilcox Thermal designs, manufactures and erects steam generation equipment, aftermarket parts, construction, maintenance and field services for plants in the power generation, oil & gas, and industrial sectors. Babcock & Wilcox Thermal has an extensive global base of installed equipment for utilities and general industrial applications including refining, petrochemical, food processing, metals and more.

Contacts

Investor Contact:
Megan Wilson
Vice President, Corporate Development & Investor Relations
Babcock & Wilcox
704.625.4944 | investors@babcock.com

Media Contact:
Ryan Cornell
Public Relations
Babcock & Wilcox
330.860.1345 | rscornell@babcock.com