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EnergySolutions Awarded Liquid Waste Contract
Contract Valued Up to $56 Million
| Source: EnergySolutions
SALT LAKE CITY, UT--(Marketwire - July 13, 2009) - EnergySolutions, Inc. (NYSE : ES )
announced today the award of the first of two contracts from Savannah River
Remediation (SRR), LLC. Together these contracts will provide funding up
to $56 Million over the next 8 years. EnergySolutions was named a
subcontractor to the URS led SRR team, which won the Liquid Waste
Operations contract at the Department of Energy's Savannah River Site.
"We appreciate the confidence the Savannah River Remediation (SRR) team has
in EnergySolutions to perform this work," said Steve Creamer, CEO and
Chairman of EnergySolutions. "We look forward to utilizing our
vitrification technology to progress the clean up of the Savannah River
site."
EnergySolutions and its long term research partner, the Vitreous State
Laboratory of the Catholic University of America, will provide waste
vitrification technology and related technical and engineering services to
assist the SRR team with optimizing the performance of the Defense Waste
Processing Facility, and other waste treatment processes. SRR assumed
control of the Liquid Waste Operations contract on July 1, 2009.
Additionally, EnergySolutions has provided the vitrification technology to
the U.S. Department of Energy's Hanford site located in Washington State,
to eventually stabilize millions of gallons of high level tank waste stored
at the site.
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.