Charah Solutions Awarded Large-Scale Pond Closure Contract by Southeastern Utility for Beneficial Use
Charah Solutions, Inc. (CHRA)
Last charah solutions, inc. earnings: 3/26 06:25 am
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Source: Business Wire
Over 2 Million Tons of Ash from Retired Coal-Fired Power Plant Will Be Beneficially Used in Concrete Industry LOUISVILLE, Ky.--(BUSINESS WIRE)--Charah® Solutions, Inc. (NYSE: CHRA) (the “Company”), a leading provider of environmental and maintenance services to the power generation industry, today announced that it recently was awarded a Closure by Removal (CBR) impoundment project by a Southeastern utility.Charah Solutions will be responsible for the closure of approximately 100 acres of ash ponds located at a former coal-fired power station that was retired in 2015. The scope of work includes the installation of environmental controls, installation of new rail as well as improvements to existing rail infrastructure, and the construction of a large concrete loadout area.Over the next several years as the closure of the ponds is under way, over 2 million tons of ash is expected to be beneficially used in the concrete industry. At the project’s conclusion, the former ash ponds will
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