Babcock & Wilcox Closes Sale of Its Diamond Power International Business

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AKRON, Ohio--(BUSINESS WIRE)--Jul 31, 2025--

Babcock & Wilcox Enterprises, Inc. (NYSE: BW) announced today the closing of the previously announced sale of its Diamond Power International business to Austria-based Andritz AG for $177 million, subject to customary adjustments and expenses.

About Babcock & Wilcox

Headquartered in Akron, Ohio, Babcock & Wilcox Enterprises, Inc. is a leader in energy and environmental products and services for power and industrial markets worldwide. Follow us onLinkedInand learn more atbabcock.com.

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CONTACT: Investor Contact:

Investor Relations

Babcock & Wilcox

704.625.4944

[email protected] Contact:

Ryan Cornell

Public Relations

Babcock & Wilcox

330.860.1345

[email protected]

KEYWORD: OHIO AUSTRIA EUROPE UNITED STATES NORTH AMERICA

INDUSTRY KEYWORD: OTHER ENERGY UTILITIES OIL/GAS COAL ALTERNATIVE ENERGY ENERGY NUCLEAR

SOURCE: Babcock & Wilcox Enterprises, Inc.

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PUB: 07/31/2025 01:00 PM/DISC: 07/31/2025 01:00 PM

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