B&W signs Siemens Energy agreement for 20 steam turbines
The 50-MW turbines total 1 GW, supporting B&W's FastPower program for accelerated data center power delivery.
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Steam generation and clean power technology company
babcock.comLast updated
In short: B&W strengthened its financial position and expanded its role in the AI data center market through strategic partnerships and debt relief.
The 50-MW turbines total 1 GW, supporting B&W's FastPower program for accelerated data center power delivery.
Net income was $14.3 million, compared to a net loss of $58.5 million in 2025. Adjusted EBITDA rose to $21.8 million, and backlog reached $2.6 billion.
The program will start after filing Q2 2026 Form 10-Q and reflects confidence in the company's balance sheet.
The redemption will occur on August 13, 2026, at 100% of principal plus make-whole amount
Akron-based power generator Babcock & Wilcox is doubling down on its efforts to fuel the growth of artificial intelligence data centers.
Stock futures slip ahead of key U.S. inflation data as Strait of Hormuz risks linger.
Shares of Babcock & Wilcox climbed after the company signed an agreement with Siemens Energy, commencing work on 20 steam-turbine generator sets that will provide...
The company raised its 2026 adjusted EBITDA forecast to $80–105 million, citing a $14B pipeline, data center growth, and operational momentum.
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