Babcock & Wilcox Enterprises is trading 6.14% up at $7.61 after receiving a limited notice to proceed on an approximately $130 million air-quality project for a U.S. coal-fired power plant.
- The award covers development, engineering, and long-lead procurement.
- Construction is expected through its subsidiary.
- Risk-on sentiment also supports the move, with industrials up 1.51% and major indexes higher after largely in-line August CPI data.