Archive for June, 2010

Vogt Power to Supply HRSGs to Progress Energy Carolinas

June 22, 2010

Custom designed Heat Recovery systems for a cleaner environment Danvers, MA – Vogt Power International Inc., located in Louisville, KY, a subsidiary of Babcock Power Inc., based in Danvers, MA, announced today it has been selected by Progress Energy Carolinas, a subsidiary of Progress Energy Inc., to supply Heat Recovery Steam Generators (HRSGs) for the […]

Babcock Power Announces New Three-Year Credit Agreement

June 10, 2010

Danvers, MA – Babcock Power Inc. (BPI), a privately held Delaware corporation, announced today that it has executed an agreement for a new $290 million, three-year senior secured revolving credit facility with Bank of America. The new facility will replace two existing credit facilities, and increase BPI’s borrowing capacity by $95 million. This financial facility […]