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Babcock & Wilcox BrightGen™ Hydrogen Combustion Technology Provides Zero-Carbon Energy Generation
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Worldwide Steam Boiler Industry to 2027 – Featuring IHI, Thermax and General Electric Among Others
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Worldwide Steam Boiler Industry to 2027 - Featuring IHI,
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Global Steam Boiler Market (2020 to 2027) - by Type, Fuel Type, Pressure, and End-Use Industry
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Babcock & Wilcox Enterprises is shoring up its finances as it continues to invest in clean and renewable energy ventures and technology.
The Akron company recently created a new four-year, $125 million revolving credit agreement with PNC Bank and MSD Partners.
The agreement “ demonstrates the strength of our company going forward,” Kenneth Young, B&W chairman and chief executive officer, said in a news release. “With financing in place through June 2025, and long-term availability to support multi-year projects, we have a new start to build on our strong global growth strategy, continue to invest in our renewable, environmental, thermal and decarbonization technologies and evaluate potential acquisitions.