Babcock & Wilcox posts investor overview highlighting AI data center power projects, $14 billion pipeline
Reuters2026/08/12 15:38Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- Babcock & Wilcox highlighted a $2.4 billion, 1.2 GW natural gas steam-power project for Base Electron in North Dakota.
- Scope includes four 300 MW natural gas boilers; Siemens Energy to supply steam turbine generator sets; future expansion potential of another 1.2 GW.
- Management cited a 2026-2028 opportunity pipeline of over $14 billion, tied to baseload generation demand, including behind-the-meter data center projects.
- Trailing 12-month revenue through June 30, 2026 was $834.3 million; adjusted EBITDA was $63.8 million; net loss from continuing operations was $75.1 million.
- Pro forma capital structure at June 30, 2026 showed total debt of $239.8 million; cash of $382.8 million; cash in excess of debt about $143 million.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Babcock & Wilcox Enterprises Inc. published the original content used to generate this news brief on August 12, 2026, and is solely responsible for the information contained therein.
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