EnergySolutions

EnergySolutions announces US$19m remedial stewardship contract

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Source: EnergySolutions

EnergySolutions, Inc. (NYSE:ES) has announced its major role in the clean up of the Asarco Federated Metal Superfund Site in Houston, Texas. EnergySolutions has responsibility for soil remediation at the 20-year old site pursuant to a $19,000,000 contract with Environmental Liability Transfer, Inc. which acquired the site from the Asarco bankruptcy estate.

'It has been very rewarding to work closely with the State of Texas in formulating a comprehensive plan and assembling a team to remediate this site,' said Steve Creamer, CEO and Chairman of EnergySolutions. 'Because of our unique engineering and remediation expertise, we are able to expedite the safe cleanup of a site that has presented a significant environmental challenge to the citizens of Texas.'

EnergySolutions remediation activities under its Master Services Agreement with Environmental Liability Transfers, LLC, started this past week.

EnergySolutions offers customers a full range of integrated services and solutions, including nuclear operations, characterization, decommissioning, decontamination, site closure, transportation, nuclear materials management, processing, recycling, and disposition of nuclear waste, and research and engineering services across the nuclear fuel cycle.

Statements in this news release may contain forward-looking statements that involve risks and uncertainties. Forward-looking statements provide current expectations of future events based on certain assumptions and include any statement that does not directly relate to any historical or current fact. Forward-looking statements are not guarantees of future performance and the Company's actual results may differ significantly from the results discussed in the forward-looking statements.

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