Charah Solutions Awarded 5-Year Ash Marketing Contract by NV Energy for Beneficial Use of Production Fly Ash
Charah Solutions, Inc. (CHRA)
Last charah solutions, inc. earnings: 3/26 06:25 am
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Source: Accesswire
Fly Ash from North Valmy Generating Station in Northern Nevada Will Be Sold for Beneficial Use in Ready Mix Concrete MarketLOUISVILLE, KY / ACCESSWIRE / February 23, 2021 / Charah® Solutions, Inc. (NYSE:CHRA) (the "Company"), a leading provider of mission-critical environmental services and byproduct sales to the power generation industry, today announced that it has been awarded a 5-year ash marketing contract by NV Energy for the utilization of fly ash from the North Valmy Generating Station located near Valmy, NV. North Valmy Generating Station is a 522-megawatt coal-fueled, steam electric generating station with two operating units. The plant and complex are jointly owned (50/50) by NV Energy and Idaho Power.As part of this agreement, Charah Solutions will be responsible for the sales and marketing of production fly ash from this facility for beneficial use through 2025. The fly ash will be shipped to regional markets to supply the growing demand in the ready mix concrete market.
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