** Shares of Babcock & Wilcox BW.N rise 3.9% to $17 premarket

** Co to support TerraSpark's development of a 1.6 gigawatt coal-fired power plant project in West Virginia

** The project has been awarded an $18.5 million grant from the U.S. Department of Energy

** BW expects the project to include the design and supply of four 400-megawatt supercritical boilers and a full suite of advanced emissions control equipment

** As of last close, shares up 158% YTD