The Babcock & Wilcox Company (B&W) (NYSE:BWC) announced today that its subsidiary Babcock & Wilcox Power Generation Group, Inc. (B&W PGG) has been awarded contracts valued at approximately $55 million to design and supply environmental control equipment and design and engineer a boiler economizer for Consumers Energy’s J.H. Campbell Generating Complex near West Olive, Mich. As a leader in dry scrubber technology in North America, B&W will supply four spray dry absorber (SDA) systems to control sulfur dioxide (SO 2) emissions for the 835 megawatt Campbell Unit 3. B&W also will supply a lime preparation system, ash handling systems and a B&W V-Temp TM economizer for the plant. The Campbell projects are the most recent in a series of projects B&W is performing for Consumers Energy. Previously announced contracts include an environmental upgrade at Consumers Energy’s D.E. Karn plant in Michigan, a construction project at the Campbell plant, and the design and construction of a selective catalytic reduction system for the Campbell plant. “As our customers work to comply with new federal emissions standards, we’re ready to meet their needs as a total environmental solutions provider,” said B&W PGG President and Chief Operating Officer J. Randall Data. “We would like to thank Consumers Energy for choosing B&W to serve it on these important projects and look forward to continuing to provide valuable services for the utility’s power generation fleet.” In addition to supplying equipment, B&W will provide technical support services for engineering, procurement, construction and commissioning. About B&W Headquartered in Charlotte, N.C., The Babcock & Wilcox Company is a leader in clean energy technology and services, primarily for the nuclear, fossil and renewable power markets, as well as a premier advanced technology and mission critical defense contractor. B&W has locations worldwide and employs approximately 12,000 people, in addition to approximately 10,000 joint venture employees. Learn more at www.babcock.com . Cautionary Statement Regarding Forward Looking Statements B&W cautions that this release contains forward-looking statements, including statements relating to the performance and amount, to the extent amount can be viewed as an indicator of future revenues, of the Campbell projects. These forward-looking statements involve a number of risks and uncertainties, including, among other things, modifications to or termination of the contracts. If these or other risks materialize, actual results may vary materially from those expressed. For a more complete discussion of these and other risk factors, please see B&W's filings with the Securities and Exchange Commission, including its annual report on Form 10-K for the year ended December 31, 2011. B&W cautions not to place undue reliance on these forward-looking statements, which speak only as of the date hereof, and undertakes no obligation to update or revise any forward-looking statement, except to the extent required by applicable law.
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