Babcock & Wilcox completed the acquisition of Fossil Power Systems.

Babcock & Wilcox, an energy and environmental technologies and services provider, completed the acquisition of Fossil Power Systems, a designer and manufacturer of hydrogen, natural gas. Financial terms were not disclosed. “The addition of FPS’s respected products and expertise to our team is another step forward for the strategic growth of B&W’s efficient and environmentally sustainable technologies and solutions. FPS ignitors and control system capabilities are ideally suited to clean energy applications such as firing hydrogen, which complements the hydrogen generation and combustion technologies in B&W’s ClimateBrightTM suite, including our BrightGenTM hydrogen combustion product and BrightLoopTM hydrogen production technology. FPS also is an industry leader in combustion technologies and controls, as well as coal-to-gas and oil-to-gas fuel conversion projects," Jimmy Morgan, B&W Executive Vice President and COO.