Babcock & Wilcox Construction Co., LLC Awarded $17 Million Contract for Refurbishing a U.S. Power Plant

About this update from Babcock & Wilcox Enterprises, Inc.

B&W to Improve Efficiency and Reliability to Support Increased Baseload Generation AKRON, Ohio, November 20, 2025 --( BUSINESS WIRE )--Babcock & Wilcox (B&W) (NYSE: BW) announced today that its Babcock & Wilcox Construction Co., LLC (BWCC) subsidiary was awarded a contract for more than $17 million for service work at a U.S. coal-fired power plant. BWCC will install replacement steam and reheat piping on one unit at the plant, with project completion anticipated in Spring 2026. "The increasing power demands for AI data centers, manufacturing and industrial growth make it critical that utilities and energy producers ensure their fleets are operating reliably and efficiently," said Mike Hidas, BWCC Vice President and General Manager. "We have decades of experience in executing complicated, quick-turnaround projects like this, and we look forward to using our unique skillsets and expertise to help our customer maintain and extend the lifetime of its equipment." BWCC delivers comprehensive, turnkey solutions for the utility industry, including outage support, installation, refurbishment, mechanical repair, and maintenance services for equipment and plant installations of any scale or origin. 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 on LinkedIn and learn more at babcock.com . Forward-Looking Statements B&W cautions that this release contains forward-looking statements, including, without limitation, statements relating to the award of a contract to its Babcock & Wilcox Construction Co., LLC, subsidiary for service work at a U.S. power plant. For a more complete discussion of these risk factors, see our filings with the Securities and Exchange Commission, including our most recent annual report on Form 10-K. If one or more of these risks or other risks materialize, actual results may vary materially from those expressed. We caution readers not to place undue reliance on these forward-looking statements, which speak only as of the date of this release, and we undertake no obligation to update or revise any forward-looking statement, except to the extent required by applicable law. View source version on businesswire.com: https://www.businesswire.com/news/home/20251120706290/en/ Contacts Investor Contact: Investor Relations Babcock & Wilcox 704.625.4944 [email protected] Media Contact: Ryan Cornell Public Relations Babcock & Wilcox 330.860.1345 [email protected]

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