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...In 2017, it avoided a steep decline in the value of US energy equipment manufacturer Babcock & Wilcox Enterprises, selling its 10 per cent stake back to the company shortly before problems at its renewable...
...The combined $250m investment in Diameter from alternative asset managers Apollo Global Management and Corbin Capital, and the pension fund of renewable energy company Babcock & Wilcox, also hints at a shift...
...Babcock, formerly Babcock & Wilcox, also has contracts with various foreign defence forces including those of South Africa and Australia....
...Babcock & Wilcox once made boilers and not much money....
...“It looks like a supermarket, not like a power generation facility,” says Babcock & Wilcox’s Mr Mowry....
...Beside this masterpiece of the engine-builder’s craft is a monster wood-fired furnace proclaiming itself the work of Babcock and Wilcox, 1915....
...The plan involves working with Westinghouse, Toshiba’s US nuclear subsidiary, and the specialist engineering groups Babcock & Wilcox and Shaw, which were involved in clean-up operations at the Three Mile...
...Babcock & Wilcox, the energy contractor, will also invest $100m in USEC at the same time. USEC is seeking to build a $3.5bn facility in Ohio that will use centrifuges to enrich uranium....
...USEC , a leading supplier of enriched uranium fuel for commercial nuclear power plants in the US, rallied 24.1 per cent to $5.26 after Toshiba and Babcock & Wilcox announced an agreement to invest about...
...To win the deal, the engineering support services group outbid rivals including Amec and Babcock & Wilcox....
...Mr Hogan, then employed by engineers Babcock & Wilcox, needed something locally, and GE had a plastics plant nearby....
...& Wilcox of the US....
...Deborah Chew, a partner at law firm Hall & Wilcox, says Mr Poynton found himself in “an impossible position’’ but not one that legally compelled him to resign....
...Glenn Brace, Equitas’s claims director, said the agreements reflected further progress on closing the largest company liabilities that remained after a $415m settlement with Babcock & Wilcox, a US engineering...
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