Babcock & Wilcox Enterprises, Inc. Preferred Stock 8.125% (BWSN)

Overview

Babcock & Wilcox Enterprises, Inc., rooted in a history that dates back to 1856, is a prominent player in the global energy sector, focusing on the provision of both fossil and renewable power generation and environmental equipment. It has structured its operations across three key segments: B&W Renewable, B&W Environmental, and B&W Thermal, to address various aspects of power generation and environmental protection. Founded by George H. Babcock, Stephen Wilcox, Jr., and Joseph P. Manton, the company is headquartered in Akron, OH, and continues to lead innovations in energy production and environmental solutions.

Products and Services

• B&W Renewable

This segment is dedicated to promoting a circular economy, aiming to lessen waste and enhance resource efficiency. Babcock & Wilcox Enterprises, Inc. focuses on transforming waste into power generation materials, effectively substituting fossil fuels, and plays a pivotal role in metal recovery and emission reduction.

• B&W Environmental

B&W Environmental is known for its cutting-edge systems designed to manage and mitigate environmental impacts associated with power generation. This includes advanced solutions for cooling, ash handling, and the control of particulates, nitrogen oxides, sulfur dioxides, and mercury, alongside chemical looping technologies for carbon management. Such innovations are instrumental in combatting air pollution and enhancing the environmental footprint of power generation.

• B&W Thermal

The B&W Thermal segment offers a comprehensive suite of products and services tailored to steam generation. This encompasses not only the provision of essential equipment but also aftermarket parts and a full spectrum of construction, maintenance, and field services to support operations in power generation, oil and gas, and various industrial sectors. The focus here is on ensuring the reliable, efficient operation of steam generation facilities.