Babcock & Wilcox publishes investor presentation on AI data center power solutions, coal and gas generation pipeline
Reuters2026/08/10 21:21Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- Babcock & Wilcox outlined a growth push tied to rising AI data center power demand, citing a global 2026-2028 pipeline of over $14 billion.
- Highlighted a $2.4 billion, 1.2 GW natural gas steam project for Base Electron near Center, North Dakota; conditional use permit submitted in August 2026.
- Project scope includes four 300 MW natural gas boilers; Siemens Energy to supply steam turbine generator sets; expansion potential for another 1.2 GW.
- Reported trailing 12-month revenue of $834.3 million ended June 30, 2026; adjusted EBITDA of $63.8 million; net loss from continuing operations of $75.1 million.
- Capital structure showed total debt of $239.8 million, cash and restricted cash of $382.8 million; cash in excess of debt of 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 10, 2026, and is solely responsible for the information contained therein.
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