---
schema_version: "secwatch.filing_event.v1"
accession: "0001630805-24-000048"
form_type: "8-K"
ticker: "BW"
cik: "0001630805"
company_name: "Babcock & Wilcox Enterprises, Inc."
filed_at: "2024-07-01T23:59:59+00:00"
generated_at: "2026-06-01T00:02:48.024282+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Babcock & Wilcox sells Denmark renewable services subsidiary to Hitachi Zosen Inova for $87M

## Summary
- Sale closed June 28, 2024; base purchase price ~$87M cash, subject to customary adjustments and fees.
- Proceeds will be used to reduce debt, increase liquidity and support working capital.
- Company reaffirms FY2024 Adjusted EBITDA target range of $105M to $115M, excluding BrightLoop/ClimateBright expenses.
- BWRS provides aftermarket parts and services for waste-to-energy plants in northern Europe and the UK; employs 160+ people.
- Company entered into a 24-month non-competition and non-solicitation agreement with Hitachi Zosen Inova.

## SEC filing metadata
- accession: 0001630805-24-000048
- form_type: 8-K
- ticker: BW
- cik: 0001630805
- company_name: Babcock & Wilcox Enterprises, Inc.
- filed_at: 2024-07-01T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 2.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1630805/000163080524000048/0001630805-24-000048-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1630805/000163080524000048/bw-20240628.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001630805-24-000048
- JSON: https://secwatch.observer/filing/0001630805-24-000048.json
- Plain text: https://secwatch.observer/filing/0001630805-24-000048.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.