Babcock & Wilcox receives full notice to proceed on $2.4B power generation project

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, to supply power to Applied Digital AI factory campuses.

“Babcock & Wilcox (B&W) (NYSE: BW) announced today that it has received full notice to proceed on a $2.4 billion design-build agreement with Base Electron, an independent power producer (“IPP”) backed by Applied Digital (NASDAQ: APLD), to deliver 1.2 gigawatts (GW) of new generation capacity.”business.sherbrookerecord.com

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• business.sherbrookerecord.comContact Us - Sherbrooke Record - Babcock & Wilcox Receives Full Notice to Proceed on $2.4 Billion Power Generation Project for Base Electron to Supply Power to Applied Digital AI Factory CampusesBabcock, Wilcox Enterprises, Inc.May 25, 2018

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