Company: BWNB
Filing Date: 2025-11-05
Form Type: 424B5
Source: 0001104659-25-106685
Chunk: 22

Company: Babcock & Wilcox Enterprises, Inc.
Filing Date: 2025-11-05
Form: 424B5
Chunk 22
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, watertube and firetube waste heat boilers, and other boilers to medium 
 and heavy industrial customers. Our unique range of offerings, coupled with the strength of our brand, provides a competitive advantage     
 in existing and emerging markets.                                                                                                           |

| · | Babcock & Wilcox Renewable: Our innovative BrightLoop™                                                                                        
 hydrogen generation technology supports global climate goals including the decarbonization of industrial                                      
 and utility steam and power producers. BrightLoop™ offers significant advantages                                                              
 over other hydrogen generation technologies as it generates competitively priced hydrogen from a wide range of fuels, including solid         
 fuels such as biomass and coal, with a high rate of carbon captured resulting in low, or even negative, carbon-intensity hydrogen. We         
 also offer best-in-class technologies for efficient and environmentally sustainable power and heat generation, oxygen-fired biomass-to-energy 
 (OxyBright™), and black liquor systems for the pulp and paper industry.                                                                       
 Our leading waste-to-energy technologies support a circular economy, diverting waste from landfills to use for power generation and replacing 
 fossil fuels, while recovering recyclable metals and reducing emissions.                                                                      |

| · | Babcock & Wilcox Environmental: We provide a full suite of emissions control and environmental                                                
 technology solutions for utility, waste-to-energy, biomass-to-energy, carbon black, and industrial steam generation applications around       
 the world. Our broad experience includes systems for ash handling, particulate control, nitrogen oxides and sulfur dioxides removal, chemical 
 looping for carbon control and mercury control. Our ClimateBright™ products including SolveBright™,                                           
 OxyBright™, BrightLoop™ and BrightGen™ place us at the forefront of hydrogen production                                                       
 and decarbonization technologies and development with many of these products already commercially available and others ready for commercial   
 deployment. We believe these technologies position us to compete in the bioenergy sector within the carbon capture and sequestration (BECCS)  
 market. Our portfolio of clean power production solutions continues to evolve to reach customers at all stages of their energy transition.    |

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Market Update

Management continues to adapt to macroeconomic conditions, including the impacts from inflation, higher interest rates and foreign exchange rate volatility, current and potential tariff actions and geopolitical conflicts. In certain instances, these situations have resulted
in cost increases and delays or disruptions that have had, and could continue to have, an adverse impact on our ability to meet customers’
demands. We continue to actively monitor the impact