Babcock & Wilcox publishes investor presentation on AI data center power solutions, coal and gas generation pipeline
Reuters2026/08/10 21:21- Babcock & Wilcox outlined a growth push tied to rising AI data center power demand, citing a global 2026-2028 pipeline of over $14 billion.
- Highlighted a $2.4 billion, 1.2 GW natural gas steam project for Base Electron near Center, North Dakota; conditional use permit submitted in August 2026.
- Project scope includes four 300 MW natural gas boilers; Siemens Energy to supply steam turbine generator sets; expansion potential for another 1.2 GW.
- Reported trailing 12-month revenue of $834.3 million ended June 30, 2026; adjusted EBITDA of $63.8 million; net loss from continuing operations of $75.1 million.
- Capital structure showed total debt of $239.8 million, cash and restricted cash of $382.8 million; cash in excess of debt of about $143 million.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Apple Rarely Signs 3-5 Year NAND Long-Term Contracts, May Not Set Price Cap; AI Squeezes Capacity, Shifting Bargaining Power in Storage
Apple is negotiating a 3-5 year long-term NAND flash memory contract with Kioxia, potentially without a price cap. This marks a shift in its procurement strategy from "lower prices and multiple sources" to "volume lock-in and long-term contracts." The change is driven by fierce competition among AI data center clients for storage capacity, forcing Apple to prioritize supply security. Pricing power for storage chips is shifting from buyers to sellers, and the duration of this storage cycle may exceed traditional market expectations.
India Gold price today: Gold rises, according to FXStreet data
The US dollar briefly rebounded to 153.5 against the Japanese yen, down 1.7% in 24 hours.
Silver Price Forecast: XAG/USD jumps to near $37 amid drop in US Dollar, bond yields
Crypto prices
More
