Babcock & Wilcox Loses on Renewable Energy Projects

SUGAR LAND--August 11, 2017--Researched by Industrial Info Resources (Sugar Land, Texas)--Power technology provider Babcock & Wilcox Enterprises Incorporated (NYSE:BW) (Charlotte, North Carolina) reported revenues of $349.8 million for second-quarter 2017, a decrease of $33.4 million compared to the second quarter of 2016. Among the hits the company took this quarter was a $115.2 million charge for cost and schedule issues in its Renewable segment. Industrial Info is tracking $6.8 billion in active projects involving Babcock & Wilcox.

Within this article: Details of Babcock & Wilcox projects