Babcock & Wilcox to support TerraSpark project, shares rise
08/06/2026 11:46
BUZZ-Babcock & Wilcox to support TerraSpark project, shares rise ** Shares of Babcock & Wilcox BW.N rise 3.9% to $17 premarket
** Co to support TerraSpark's development of a 1.6 gigawatt coal-fired power plant project in West Virginia
** The project has been awarded an $18.5 million grant from the U.S. Department of Energy
** BW expects the project to include the design and supply of four 400-megawatt supercritical boilers and a full suite of advanced emissions control equipment
** As of last close, shares up 158% YTD
(Reporting by Katha Kalia in Bengaluru)