Amager Resource Center applies for $140M in funding for CO2 capture Project : Biofuels Digest biofuelsdigest.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from biofuelsdigest.com Daily Mail and Mail on Sunday newspapers.
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4Q20 highlights
Net income of US$4.6 million.
Earnings per share of US$0.09.
Consolidated adjusted EBITDA of US$16.1 million.
Bookings of US$167 million.
FY20 highlights
Net income of US$(10.3) million.
Earnings per share of US$(0.21).
Consolidated adjusted EBITDA of US$45.1 million.
Bookings of US$645 million.
Minimum required pension funding contributions reduced by US$107 million or 75%. Our results for 4Q20 and FY20 reflect the ongoing positive impact of our strategic actions, cost savings initiatives, and strong management and operational effectiveness, despite the impacts of COVID-19 across our segments, and we are confident in our ability to achieve our previously stated adjusted EBITDA targets of US$70 – US$80 million and US$95 – US$105 million, in 2021 and 2022, respectively, said Kenneth Young, B&W s Chairman and CEO.
B&W Environmental Awarded $8M Contract For High-Efficiency Air-Cooled Condenser For U.K. Waste-To-Energy Plant
AKRON, OHIO (BUSINESS WIRE)
Babcock & Wilcox (B&W) (NYSE: BW) announced today that its B&W Environmental segment will design, supply and install a SPIG S.p.A. air-cooled condenser for a waste-to-energy plant in the United Kingdom. The contract is valued at more than $8 million.
The SPIG cooling system features advanced technology for increased efficiency and reduced emissions and is ideally suited for renewable energy applications.
“The continued expansion of the circular economy and demand for waste recycling and sustainable treatment in the U.K. is significant,” said Jimmy Morgan, B&W Chief Operating Officer. “As we focus on growing B&W Environmental’s business in the U.K. and across Europe, we see substantial opportunities to provide advanced cooling solutions to customers in waste-to-energy, renewable energy and other markets.”
B&W Environmental Awarded $10 Million Contract to Supply Advanced Ash Handling System financialbuzz.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialbuzz.com Daily Mail and Mail on Sunday newspapers.