Charah Solutions Earns High Ranking in Engineering News-Record’s List of Top Contractors in Power Sector
July 23 2019 - 7:30AM
Business Wire
Charah® Solutions, Inc. (NYSE: CHRA) (the “Company”), a leading
provider of environmental and maintenance services to the power
generation industry, announced today that it has received a #11
ranking in the Top 20 list of Power Sector Contractors by
Engineering News-Record (ENR) as part of ENR’s annual list of the
Top 400 Contractors in the US, based on 2018 construction revenue.
The top 20 contractors in the power sector represent 77% of the
market share, according to ENR, and provide an array of services
for operators of thermal and hydroelectric power plants,
waste-to-energy plants, transmission lines, substations,
cogeneration plants, and other related utility assets.
“This recognition by one of the top publishers in the
engineering and construction sector is further evidence of our
position as a leading service provider to the power generation
industry,” said Scott Sewell, President and CEO of Charah
Solutions. “We’re proud of this achievement that has been made
possible by our 30+ years of experience and differentiation as the
only service provider offering a full suite of ash management, and
recycling, environmental remediation and ongoing maintenance
services to fossil fuel and nuclear power generation plants. Our
intense focus on delivering safe, clean and effective on-site
solutions for the management and beneficiation of coal ash with
excellence, as well as unsurpassed power plant maintenance and
nuclear outages has fulfilled a critical need among our utility
customers and will for many years to come.”
About Charah Solutions, Inc.
With 30 years of experience, Charah® Solutions, Inc. is a
leading provider of environmental and maintenance services to the
power generation industry, with operations in fossil fuel and
nuclear power generation sites across the country. Based in
Louisville, Kentucky, Charah Solutions assists utilities with all
aspects of managing and recycling ash byproducts generated from the
combustion of coal in the production of electricity as well as
routine power plant maintenance and outage services for coal and
nuclear energy providers. The Company also designs and implements
solutions for ash pond management and closure, landfill
construction, fly ash and slag sales, and structural fill projects.
Charah Solutions is the partner of choice for solving customers’
most complex environmental challenges, and as an industry leader in
quality, safety, and compliance, the Company is committed to
reducing greenhouse gas emissions for a cleaner energy future. For
more information, please visit www.charah.com.
Forward-Looking Statements
This press release contains forward-looking statements within
the meaning of Section 27A of the Securities Act of 1933 and
Section 21E of the Securities Exchange Act of 1934. All statements,
other than statements of historical facts, included in this press
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“intend,” “achievable,” “anticipate,” “will,” “continue,”
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Company based on management’s experience and perception of
historical trends, current conditions, anticipated future
developments and other factors believed to be appropriate. Such
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uncertainties, many of which are beyond the control of the Company,
which may cause actual results to differ materially from those
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which such statement is made and the Company undertakes no
obligation to correct or update any forward-looking statement,
whether as a result of new information, future events or otherwise,
except as required by applicable law.
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Investor Contact Tony Semak (502) 245-1353 ir@charah.com
Media Contact Katrina Gallagher (502) 472-6003
media@charah.com
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