Babcock & Wilcox receives full notice to proceed on $2.4B power project for Base Electron

Babcock & Wilcox received full notice to proceed on a $2.4 billion design-build agreement with Base Electron to deliver 1.2 GW of new generation capacity using four 300-MW natural gas boilers and steam turbine generators. Siemens Energy will supply the steam turbine generator sets.

“Receiving full notice to proceed for this $2.4 billion project further underscores the strategic role B&W plays in supporting the rapidly expanding power needs of large‑scale AI data centers”babcock.com

• 2 sources
• babcock.comBabcock & Wilcox Receives Full Notice to Proceed on $2.4 Billion Power Generation Project for Base Electron to Supply Power to Applied Digital AI Factory Campuses » Babcock & WilcoxMar 4, 2026
• longbridge.comBabcock & Wilcox Receives Full Notice to Proceed on $2.4 Billion Power Generation Project for Base Electron to Supply Power to Applied Digital AI Factory Campuses | BW Stock NewsMar 4, 2026

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