Document
Exhibit 21.1
BABCOCK & WILCOX ENTERPRISES, INC.
SUBSIDIARIES
YEAR ENDED DECEMBER 31, 2025
| Name of Company | Jurisdiction of Organization | Percentage of Ownership Interest | ||||||
| 1867BW, LLC | Delaware | 100 | ||||||
| Americon Equipment Services, Inc. | Delaware | 100 | ||||||
| Americon, LLC | Delaware | 100 | ||||||
| B&W de Panama, Inc. | Panama | 100 | ||||||
| Babcock & Wilcox A/S | Denmark | 100 | ||||||
| Babcock and Wilcox ME Holdings Limited | United Arab Emirates | 100 | ||||||
| Babcock & Wilcox Acorn Holdings, LLC | Delaware | 100 | ||||||
| Babcock & Wilcox Australia Pty. Ltd. | Australia | 100 | ||||||
| Babcock & Wilcox Canada Corp. | Nova Scotia | 100 | ||||||
| Babcock & Wilcox Chanute, LLC | Oklahoma | 100 | ||||||
| Babcock & Wilcox Construction Co., LLC | Delaware | 100 | ||||||
| Babcock & Wilcox Developments, LLC | Delaware | 100 | ||||||
| Babcock & Wilcox de Monterrey, S.A. de C.V. | Mexico | 100 | ||||||
| Babcock & Wilcox Egypt, LLC | Egypt | 100 | ||||||
| Babcock & Wilcox Equity Investments, LLC | Delaware | 100 | ||||||
| Babcock & Wilcox FPS Inc. | Canada | 100 | ||||||
| Babcock & Wilcox Global Sales & Services - Chile SpA | Chile | 100 | ||||||
| Babcock & Wilcox Global Vendas and Servicos Brasil Ltda. | Brazil | 100 | ||||||
| Babcock & Wilcox Global Sales and Services Pte. Ltd. | Singapore | 100 | ||||||
| Babcock & Wilcox Global Sales and Services Pte. Ltd. - Philippines Branch | Philippines | 100 | ||||||
| Babcock & Wilcox Holdings, LLC | Delaware | 100 | ||||||
| Babcock & Wilcox India Private Limited | India | 100 | ||||||
| Babcock & Wilcox International Investments Co., Inc. | Panama | 100 | ||||||
| Babcock & Wilcox International Sales and Service Corporation | Delaware | 100 | ||||||
| Babcock & Wilcox International, Inc. | Delaware | 100 | ||||||
| Babcock & Wilcox IP Holdings, LLC | Delaware | 100 | ||||||
| Babcock & Wilcox New Energy Holdings, LLC | Delaware | 100 | ||||||
| Babcock & Wilcox Precipitators, LLC | Delaware | 100 | ||||||
| Babcock and Wilcox S. Africa (Pty) Ltd. | South Africa | 100 | ||||||
| Babcock & Wilcox Singapore Pte. Ltd. | Singapore | 100 | ||||||
| Babcock & Wilcox Solar Energy, Inc. | Illinois | 100 | ||||||
| Babcock & Wilcox Solar Holdings, LLC | Delaware | 100 | ||||||
| Babcock & Wilcox SPIG, Inc. | New Jersey | 100 | ||||||
| Babcock & Wilcox Technology, LLC | Delaware | 100 | ||||||
| Babcock & Wilcox Vietnam Company Limited | Vietnam | 100 | ||||||
| Babcock & Wilcox Volund Limited | United Kingdom | 100 | ||||||
| Babcock Wilcox Arabia Limited Company | Saudi Arabia | 100 | ||||||
| Bayou B2H, LLC | Delaware | 100 | ||||||
| Dampkraft Insurance Company | South Carolina | 100 | ||||||
| Diamond Operating Co., Inc. | Delaware | 100 | ||||||
| Name of Company | Jurisdiction of Organization | Percentage of Ownership Interest | ||||||
| Diamond Power China Holdings, Inc. | Delaware | 100 | ||||||
| Diamond Power Equity Investments, Inc. | Delaware | 100 | ||||||
| Ember Disposition, LLC | Delaware | 100 | ||||||
| Focaliti, LLC | Delaware | 100 | ||||||
| Great Arrow Builders, LLC | Delaware | 15 | ||||||
| Massillon NG2H, LLC | Delaware | 100 | ||||||
| Mountaineer C2H, LLC | Delaware | 100 | ||||||
| P. T. Babcock & Wilcox Asia | Indonesia | 100 | ||||||
| Servicios de Fabricacion de Valle Soleado, S.A. de C.V. | Mexico | 100 | ||||||
| Servicios Profesionales de Valle Soleado, S.A. de C.V. | Mexico | 100 | ||||||
| The Babcock & Wilcox Company | Delaware | 100 | ||||||
| The Babcock & Wilcox Company - Dominican Republic Branch | Dominican Republic | 100 | ||||||
| Wyoming C2H, LLC | Delaware | 100 | ||||||