Babcock & Wilcox Signs Agreement with Siemens Energy to Commence Work on 20 Steam Turbines for Data Center Power Generation

Babcock & Wilcox Signs Agreement with Siemens Energy to Commence Work on 20 Steam Turbines for Data Center Power Generation

- Agreement positions B&W to deliver 20 50-megawatt steam turbines for customers on accelerated timelines

- AI data centers and large-scale power generation projects driving energy demand

Babcock & Wilcox (B&W) (NYSE: BW) announced today that it has signed an agreement with Siemens Energy to commence work on 20 Siemens Energy steam turbine generator sets totaling 1 gigawatt (GW) of generating capacity for use in its FastPower℠ program for data center projects. This agreement is in addition to B&W’s previously announced turbine order.

“As demand for dependable, large-scale power generation continues to accelerate, particularly from AI data center customers, we are strengthening our collaboration with Siemens Energy through this agreement,” said Brandy Johnson, Chief Technology Officer, B&W. “This order secures 1 GW of capacity and further positions us to deliver reliable, high-capacity energy solutions on the accelerated timelines our customers require.”