Babcock & Wilcox Enterprises, Inc.

Babcock & Wilcox Enterprises, Inc. acquired Fossil Power Systems, Inc., a designer and manufacturer of hydrogen, natural gas and renewable pulp and paper combustion equipment based in Dartmouth, Nova Scotia, Canada. The transaction closed February 1, 2022.

Babcock & Wilcox Enterprises agreed to acquire Voda, a Danish company that makes aftermarket parts and provides services for waste-to-energy and biomass-to-energy markets.

Babcock & Wilcox has signed an agreement with Siemens Energy to commence work on 20 steam turbine generator sets totaling 1 GW of generating capacity for data center power generation projects.

Dürr Systems AG completed the acquisition of the industrial environmental technology business of Babcock & Wilcox Enterprises, Inc., including MEGTEC and Universal, as of October 5, 2018. The deal strengthens Dürr's air-pollution and noise-control technologies globally.

Dürr is acquiring 100% of three Babcock & Wilcox subsidiaries (MEGTEC and Universal segments) for an enterprise value of about EUR 110 million, with closing expected in Q3 2018.

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.