| B&W Awarded Contracts Totaling More Than $190 Million to Build and Operate U.K. Biomass Plant | |
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CHARLOTTE, N.C.--(BUSINESS WIRE)-- Babcock & Wilcox Enterprises, Inc. (B&W) (BW) announced today 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 $190 million. B&W Vølund, through its U.K. subsidiary and a joint venture with Lagan Construction Group Limited, has contracted with developers Eco2 Ltd. and Temporis Capital to build the 40 megawatt waste wood fired biomass power plant for Port Clarence Energy Ltd. The project scope includes a boiler and environmental controls designed by B&W Vølund and its Götaverken Miljö AB subsidiary, including a dry flue gas desulfurization system (dry FGD), fabric filter baghouse, continuous emissions monitoring equipment and a DynaGrate® fuel combustion system. The plant is designed to burn 34 tons of waste wood per hour. “The Teesside Renewable Energy Plant will provide clean, sustainable energy for the local community, and we’re pleased B&W Vølund’s technology and expertise were chosen for the project,” said B&W Global Power Division Sr. Vice President Paul Scavuzzo. “With more than 500 biomass and waste-to-energy units installed worldwide and O&M experience, we bring unmatched capabilities to this important project.” Project engineering is currently underway and construction is scheduled for completion in the first quarter of 2018. B&W Vølund will operate the plant under a 15-year contract. |
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Brush Wellman
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CODE : BW |
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Brush Wellman is a copper and nickel producing company based in United states of america. Brush Wellman is listed in United States of America. Its market capitalisation is US$ 46.1 millions as of today (€ 43.3 millions). Its stock quote reached its lowest recent point on December 19, 2014 at US$ 0.02, and its highest recent level on November 18, 2021 at US$ 9.96. Brush Wellman has 48 830 000 shares outstanding. |