Exhibit 99.1 News Release Babcock & Wilcox Announces AI Data Center Project and Reports Third Quarter 2025 Results Q3 2025 Continuing Operations Financial Highlights • Signed limited notice to proceed for a more than $1.5 billion contract with Applied Digital to deliver and install one gigawatt of ef icient energy for AI Data Center project • Strategic partnership announced with private equity fund, Denham Capital, to convert coal plants to natural gas to power AI Data Centers across North America and Europ ...