Nuclear power plants to be maintained by B&W

The Babcock & Wilcox Co. (NYSE: BWC, B&W) said that it’s subsidiary, BWB Maintenance Services Co. LLC (BWB) was awarded a master contract to provide fleet-wide maintenance and project support services on a task-specific basis for Progress Energy‘s (NYSE: PGN) nuclear power plants in North Carolina, South Carolina and Florida.

BWB has been awarded a five-year contract to support Progress Energy’s nuclear fleet with maintenance and craft services, project execution, radiation protection, health physics and other services.

BWB is a newly formed entity of BWB LLC, a joint venture between Babcock & Wilcox Nuclear Maintenance Services Inc. and Bartlett Holdings Inc.

BWB is beginning facility assessments in preparation to support three maintenance and refueling outages planned for spring 2012.

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