# Babcock & Wilcox acquires majority stake in Fosler Construction

Babcock & Wilcox agreed to buy a majority stake in Fosler Construction Co., an Illinois-based solar contractor. The transaction is expected to close by the end of September 2021.

- Type: Acquisition
- Announced: 2021-09-16
- Where: Illinois, United States
- Status: announced
- Products: solar construction services
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [Babcock & Wilcox](https://endata.com/companies/16052.md) (acquirer)
- [Fosler Construction](https://endata.com/companies/57791.md) (target)

## Sources

- [power-eng.com](https://www.power-eng.com/renewables/solar-energy/babcock-wilcox-acquiring-illinois-based-solar-project-builder/), 2021-09-16: "This transaction aligns with B&W's aggressive growth and expansion of our clean and renewable energy businesses."
- [renewableenergyworld.com](https://www.renewableenergyworld.com/solar/babcock-wilcox-acquiring-illinois-based-solar-project-builder/), 2021-09-16: "This transaction aligns with B&W's aggressive growth and expansion of our clean and renewable energy businesses."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.