Babcock & Wilcox gains with additional $10 million contract
18/12/2025 13:50
** Shares of energy tech company Babcock & Wilcox Enterprises BW.N up 4.1% at $4.83 premarket after its Canadian unit secures an additional $10 million contract ** The contract, awarded by Irving Pulp & Paper, involves installing boiler equipment as part of a $20 million upgrade at a mill in Saint John, New Brunswick ** The project, scheduled for installation during the mill's Spring 2026 outage, will enhance the boiler's temperature capabilities to support future turbine installation ** As of last close, BW up ~183% YTD (Reporting by Dharna Bafna in Bengaluru) ((Dharna.bafna@thomsonreuters.com))
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