Babcock & Wilcox in Akron diversifies beyond coal into solar energy beaconjournal.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from beaconjournal.com Daily Mail and Mail on Sunday newspapers.
Waste to Energy (WtE) Market Report 2021-2031: Visiongain Research Inc einnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from einnews.com Daily Mail and Mail on Sunday newspapers.
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.
Babcock & Wilcox finance agreement positions company for growth in clean, renewable energy msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.