B&W Awarded Contracts Totaling More Than $190 Million to Build and Operate U.K. Biomass Plant

CHARLOTTE, N.C. -- Babcock & Wilcox Enterprises, Inc. (B&W) (NYSE:BW) announced that a joint venture including its Denmark-based subsidiary, Babcock & Wilcox Vølund A/S, has been awarded a contract to design and build the Teesside Renewable Energy Plant near Middlesbrough, England. B&W Vølund 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 $190 million.


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B&W Vølund, 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 Vølund and its Götaverken Miljö AB subsidiary, including a dry flue gas desulfurization system (dry FGD), 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.

“The Teesside Renewable Energy Plant will provide clean, sustainable energy for the local community, and we’re pleased B&W Vølund’s technology and expertise were chosen for the project,” said B&W Global Power Division Sr. Vice President Paul Scavuzzo. “With more than 500 biomass and waste-to-energy units installed worldwide and O&M experience, we bring unmatched capabilities to this important project.”

Project engineering is currently underway and construction is scheduled for completion in the first quarter of 2018. B&W Vølund will operate the plant under a 15-year contract.

About B&W
Headquartered in Charlotte, N.C., Babcock & Wilcox is a global leader in energy and environmental technologies and services for the power and industrial markets. B&W companies employ approximately 6,000 people around the world. Follow us on Twitter @BabcockWilcox and learn more at www.babcock.com.