BW

Babcock & Wilcox Enterprises, Inc. is a power generation equipment and services company providing technologies and services for energy and environmental industries. The company designs, engineers, manufactures, and services steam generation equipment, environmental equipment, and auxiliary systems for power generation and industrial applications. B&W's products and services include boilers, emission control systems, waste-to-energy plants, aftermarket parts, maintenance services, and engineering solutions. Founded in 1867 with a storied history in power generation technology, the company has faced significant challenges including bankruptcy reorganization, operational difficulties, and financial distress. Headquartered in Akron, Ohio, B&W serves utility, industrial, and government customers requiring power generation and environmental equipment. The company faces secular headwinds from declining coal-fired power generation, project execution challenges, high debt and interest burdens, and intense competition. B&W has restructured operations, exited certain businesses, and focused on aftermarket services and renewable energy solutions including waste-to-energy. The company's financial stability remains fragile despite restructuring efforts. B&W continues to pursue commercial opportunities in services, energy transition technologies, and environmental solutions.