Babcock Power Inc. Company Research Report

Company Overview

• Name: Babcock Power Inc. (BPI)

• Mission: Babcock Power Inc. aims to create superior value for its customers, suppliers, and employees through an unwavering commitment to excellence, innovation, execution, and consistent application of core values that promote teamwork, integrity, and performance. The company is dedicated to providing uncompromising personal safety, a stimulating ethical work environment, and professional opportunities for employees to deliver sustainable energy solutions.

• Founded: No information is available.

• Key People:

• Michael LeClair, President & CEO

• Xavier Dorai, Executive Vice President & Chief Strategy Officer

• Tom Price, President & CEO of Babcock Power Services & Environmental

• Edward Dean, Chief Construction Officer

• Ken Murakoshi, President & CEO of Thermal Engineering International

• Christopher Turner, President & CEO of Vogt Power International

• Anthony Brandano, Executive Vice President, Chief Financial Officer & Treasurer

• Sonia Williams, Executive Vice President, General Counsel & Secretary

• John Heffernan, Executive Vice President, Chief HR Officer

• Headquarters: No information is available.

• Number of Employees: No information is available.

• Revenue: No information is available.

• Company Recognition: Babcock Power is known for its expertise in custom power generation equipment, serving both traditional and renewable energy sectors.

Products

• OEM Equipment by Industry:

• Complete solutions for utility, industrial, and heat transfer applications.

• Aftermarket Products & Services:

• Comprehensive aftermarket support including technical assistance, upgrades, and optimization.

• High-Level Product Descriptions:

• Products and services are supplied through 10 business units catering to targeted solutions across the power sector.

• Key Features:

• Proven effectiveness in bolstering system performance and reliability, reducing CapEx and OpEx costs.

Recent Developments

• New Products and Features:

• No specific new product launches or features added to the existing products are mentioned.

• Partnerships and Acquisitions:

• Babcock Power Renewables LLC acquired Paradigm Enterprises Inc.

• Certifications:

• Thermal Engineering International, a BPI subsidiary, received ASME-BPVC Section III Division 1 N, NPT, NS, and NA certifications.

• Notable Collaborations:

• TEi secured a key role in TerraPower’s Natrium Reactor Demonstration Project.

• Vogt Power International Inc. partnered with PPL Corporation for a research initiative.

Other Information

• Safety and Quality Certifications:

• BPI emphasizes safety and quality, with a notable safety record including a comprehensive quality policy supported by ISO 9001-2015 certification.

• Company Events and Conferences:

• Engages in numerous industry-related conferences and trade shows such as the NAES Plant Manager Conference, CTOTF Conference & Trade Show, and Reliable Energy for Tomorrow event with Santee Cooper.

• Company Values and Vision:

• Strong focus on environmental responsibility, engineering innovation, and maintaining zero environmental and health incidents since 2009.

Conclusion

Babcock Power Inc. continues to leverage over 100 years of experience in manufacturing and servicing power generation equipment. Through innovative leadership and a strong commitment to sustainability and quality, BPI is positioned as a vital player in the transition to clean energy solutions.