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News Breaks
March 24, 2014
08:32 EDTAEP, BWCBabcock & Wilcox selected by American Electric for steam generator services
The Babcock & Wilcox Company (BWC) announced that its subsidiary, Babcock & Wilcox Nuclear Energy, was awarded a contract from American Electric Power (AEP) to provide steam generator services for the Donald C. Cook Nuclear Plant just north of Bridgman, Mich. The D.C. Cook Plant contains two units, one of which is outfitted with Babcock & Wilcox replacement recirculating steam generators. As part of this contract, B&W NE will execute a comprehensive inspection and cleaning campaign, which includes eddy current testing, visual inspections and water lancing. The inspections and cleaning activities are conducted periodically to monitor and maintain the condition of the steam generators. The multi-year contract began in February.
News For BWC;AEP From The Last 14 Days
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October 1, 2015
17:21 EDTAEPAmerican Commercial Lines to acquire AEP River Operations
American Commercial Lines, ACL, announced it has signed a definitive agreement to acquire AEP River Operations from American Electric Power. AEP River Operations is a commercial inland barge company delivering approximately 45M tons of products annually. The company is based in Chesterfield, Missouri, with operations in Paducah, Kentucky; and Convent, Algiers and Belle Chasse, Louisiana. ACL, a portfolio company of Platinum Equity, is based in Jeffersonville, Indiana, and is one of the most diversified marine transportation service companies in the United States. ACL President and Chief Executive Officer Mark Knoy ran AEP River Operations for a decade before joining ACL in 2011. He said the proposed acquisition is a strong strategic fit.The transaction is expected to close in the fourth quarter of 2015, subject to regulatory approval and certain closing conditions.
16:55 EDTAEPAmerican Electric to sell AEP River operations to ACL for $550M
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September 29, 2015
09:26 EDTAEPWolfe Research to hold a conference
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September 24, 2015
07:41 EDTAEPMitsubishi UFJ to hold a conference
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September 21, 2015
08:37 EDTBWCBabcock & Wilcox awarded contracts totaling over $190M for U.K. biomass plant
Babcock & Wilcox Enterprises announced that a joint venture including its Denmark-based subsidiary, Babcock & Wilcox Volund A/S, has been awarded a contract to design and build the Teesside Renewable Energy Plant near Middlesbrough, England. B&W Volund also was awarded a separate contract to provide operations and maintenance services for the plant. B&W's portions of the two contracts total more than $190M. B&W Volund, through its U.K. subsidiary and a joint venture with Lagan Construction Group Limited, has contracted with developers Eco2 Ltd. and Temporis Capital to build the 40 megawatt waste wood fired biomass power plant for Port Clarence Energy Ltd. The project scope includes a boiler and environmental controls designed by B&W Volund and its Gotaverken Miljo AB subsidiary, including a dry flue gas desulfurization system, fabric filter baghouse, continuous emissions monitoring equipment and a DynaGrate fuel combustion system. The plant is designed to burn 34 tons of waste wood per hour.

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