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.
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