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Babcock & Wilcox Signs Siemens Energy Deal for 1 GW of Turbine Capacity

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Babcock & Wilcox Enterprises Inc (BW) agreed to work with Siemens Energy on 20 steam turbine-generator sets with a combined generating capacity of 1 gigawatt for data center power projects.

In a Tuesday statement, B&W said each turbine set has a capacity of 50 megawatts and will be used in B&W's FastPower program, which is aimed at providing large-scale power generation on accelerated timelines as demand from data centers, including AI facilities, grows.

The agreement is separate from a previously announced turbine order, B&W said. The company did not disclose financial terms, customer allocations or delivery schedules.

Siemens Energy Senior Vice President Tobias Panse said the agreement reflects growing US demand for reliable and resilient energy infrastructure.

B&W said it has a pipeline of near-term data center and power-generation opportunities and is seeking to use its generation technologies and project-delivery capabilities to bring power online more quickly.

The latest agreement expands B&W's relationship with Siemens Energy, which was previously selected to supply steam turbine-generator sets for a separate 1-gigawatt project supporting Applied Digital's AI data center operations, B&W said.

Price: $9.64, Change: $+0.76, Percent Change: +8.56%

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