Galloway Capital Partners, LLC, along with its affiliate Diveroli Investment Group, has announced a 4.31% equity stake in Babcock & Wilcox Enterprises, Inc., a leading U.S.-based global provider of energy and environmental technologies. Galloway Capital believes that Babcock & Wilcox is significantly undervalued, with strong potential for substantial shareholder value creation. The investment group highlights the company's record backlog, strong bookings growth, and ongoing operational turnaround as key indicators of its growth potential. Additionally, Babcock & Wilcox's proprietary BrightLoop™ technology is viewed as having transformational potential in the global hydrogen market.
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