Babcock & Wilcox Begins Process to Split into Power, Nuclear Companies after Strong 2014
Babcock & Wilcox Begins Process to Split into Power, Nuclear Companies after Strong 2014
SUGAR LAND--March 19, 2015--Researched by Industrial Info Resources (Sugar Land, Texas)--Earlier this week, energy services provider The Babcock & Wilcox Company (NYSE:BWC) (B&W) (Charlotte, North Carolina) took a preliminary step in its plan to spin off its Power Generation business. Babcock & Wilcox Enterprises Incorporated, a newly formed subsidiary that will consist of the company's power generation business, has filed an initial Form 10 Registration Statement with the U. S. Securities and Exchange Commission (SEC). Industrial Info is tracking $5.69 billion in B&W projects at power facilities fired by coal, natural gas and waste, and $10 million in projects at a nuclear fuels plant that supplies the U.S. Navy.
Within this article: Details on B&W's planned split and plans for both companies.
Subscribe Now!(All Fields Required)
Related Articles
Articles related to this company
- New York Sees Record Solar, Wind Generation as Another Offshore Windfarm Ga...
- French Nuclear Reactor Granted 10-Year Life Extension
- Ameren Ups Five-Year Capex Plans as it Transitions Generation Portfolio
- California Utilities Group Signs PPA for EDF Renewables Solar Farm
- Green Light for Works at Sizewell C Nuclear Project in U.K.