BUZZ-Babcock & Wilcox to support TerraSpark project, shares rise

Babcock & Wilcox Enterprises Inc

Babcock & Wilcox Enterprises Inc

BW

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** 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


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