Exhibit 99.2
| News Release |
Babcock & Wilcox Closes Sale of its
Diamond Power International Business
(AKRON, Ohio – July 31, 2025) – Babcock & Wilcox Enterprises, Inc. (NYSE: BW) announced today the closing of the previously announced sale of its Diamond Power International business to Austria-based Andritz AG for $177 million, subject to customary adjustments and expenses.
About Babcock & Wilcox
Headquartered in Akron, Ohio, Babcock & Wilcox Enterprises, Inc. is a leader in energy and environmental products and services for power and industrial markets worldwide. Follow us on LinkedIn and learn more at babcock.com.
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| Investor Contact: | Media Contact: |
| Investor Relations | Ryan Cornell |
| Babcock & Wilcox | Public Relations |
| 704.625.4944 | Babcock & Wilcox |
| investors@babcock.com | 330.860.1345 |
| rscornell@babcock.com |
