Babcock & Wilcox raises $67.5M via ATM equity offering, pauses program

Babcock & Wilcox Enterprises, Inc.

Raised $67.5M including ~$50M from a single fundamental global institutional investor.
ATM offering opened November 5, 2025; company has now paused further sales.
Proceeds to support growth into AI factory and data center power opportunities.
Capital raise follows a $1.5B LNTP for one GW electric power for AI data center.
CEO cites strong institutional confidence in B&W's strategic direction and balance sheet.

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