Babcock & Wilcox Receives Full Notice to Proceed on $246 Million Contract for Indiana Power Plant Coal-to-Gas Fuel-Switching Project [Yahoo! Finance]
The AES Corporation (AES)
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Source: Yahoo! Finance
full notice to proceed under an agreement for a coal-to-natural gas conversion project at AES Indiana's Petersburg Generating Station valued at approximately $246 million. B&W previously announced that it had received a limited notice to proceed for this project, with the full notice to proceed expected in the fourth quarter 2024. This project will help AES Indiana phase out the use of coal and reduce carbon dioxide emissions by converting the 1,160-megawatt Petersburg plant's two coal-fired boilers to use natural gas as fuel. The B&W Thermal business will design and install the plant's new natural gas system, air systems and other equipment while Babcock & Wilcox Construction Co., LLC, (BWCC) will perform the construction portion of the project. B&W subsidiary Babcock & Wilcox FPS, Inc. (FPS) will supply burners, ignitors, controls and other technologies for the project. "We began engineering and design work earlier this year and are pleased to be moving forward with this impor
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News
- The AES Co. (NYSE: AES) was upgraded by analysts at Hsbc Global Res to a "strong-buy" rating.MarketBeat
- Why AES (AES) is a Top Value Stock for the Long-Term [Yahoo! Finance]Yahoo! Finance
- The AES Co. (NYSE: AES) had its price target lowered by analysts at Barclays PLC from $23.00 to $17.00. They now have an "overweight" rating on the stock.MarketBeat
- The AES Co. (NYSE: AES) is now covered by analysts at HSBC Holdings plc. They set a "buy" rating and a $17.00 price target on the stock.MarketBeat
- Here's Why AES (AES) is a Strong Momentum Stock [Yahoo! Finance]Yahoo! Finance
AES
Earnings
- 10/31/24 - Beat
AES
Sec Filings
- 12/6/24 - Form 8-K
- 12/5/24 - Form 424B2
- 12/4/24 - Form FWP
- AES's page on the SEC website