Babcock & Wilcox publishes investor presentation outlining AI data center power strategy, $14 billion pipeline
Reuters2026/08/13 12:21Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- Babcock & Wilcox outlined a push into behind-the-meter power for AI factories and data centers using gas-fired boiler and steam-turbine systems.
- Highlighted a USD 2.4 billion, 1.2 GW project for Base Electron near Center, North Dakota; four 300 MW natural-gas boilers planned.
- Siemens Energy slated to supply steam turbine generator sets; architecture described as carbon-capture-ready with potential to expand another 1.2 GW.
- Presented a 2026-2028 pipeline of over USD 14 billion; cited a USD 190 billion US AI data center addressable market estimate.
- Reported trailing 12-month revenue of USD 834.3 million; adjusted EBITDA USD 63.8 million; cash USD 382.8 million versus total debt USD 239.8 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 13, 2026, and is solely responsible for the information contained therein.
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