Babcock & Wilcox Enterprises 6.5% Preferred Stock, Due 12/31/26 (BWNB)

Overview

Babcock & Wilcox Enterprises, Inc. (B&W) is a prominent global provider of energy and emissions control solutions, catering to a diverse clientele that includes industrial, electrical utility, municipal, and various other customers. The company specializes in a broad range of services and technologies aimed at optimizing energy production and reducing emissions across several sectors. With operations segmented into Babcock & Wilcox Renewable, Babcock & Wilcox Environmental, and Babcock & Wilcox Thermal, B&W covers an extensive spectrum of energy, environmental, and thermal solutions. Founded in 1867 and with its headquarters in Akron, Ohio, B&W continues to lead in technology and service, spearheading innovations in energy and environmental solutions worldwide.

Products and Services

• Babcock & Wilcox Renewable

  This segment is dedicated to offering advanced technologies for converting waste to energy, alongside constructing and installing solar energy systems. It also focuses on biomass energy systems and black liquor systems designed primarily for the pulp and paper industry. The solutions under this category aim at diverting waste from landfills for power generation purposes, substituting fossil fuels with renewable sources, recovering metals, and minimizing emissions. The renewable segment underscores B&W’s commitment to sustainable and eco-friendly energy sources.

• Babcock & Wilcox Environmental

  B&W’s Environmental segment delivers a wide array of emissions control and environmental technology solutions applicable across various industries including utilities, waste to energy, biomass, carbon black, and industrial steam generation. The technologies provided include cooling systems, ash handling, particulate control, NOx and SO2 removal, chemical looping for carbon control, and mercury control systems. This segment highlights Babcock & Wilcox's dedication to reducing environmental impact and enhancing air quality through innovative technology.

• Babcock & Wilcox Thermal

  Offering a suite of steam generation equipment, aftermarket parts, construction, maintenance, and field services, the Thermal segment caters to power generation, oil and gas, as well as general industrial sectors. Covering refining, petrochemical, food processing, metals, and more, it boasts a portfolio of installed equipment for utilities and industrial applications. This segment excels in providing comprehensive solutions for thermal energy generation and maintenance, emphasizing efficiency and reliability in high-demand industries.