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Charah Solutions, Inc. (CHRA) delivers essential environmental services to the energy sector, specializing in ash management, byproduct recycling, and power plant remediation. This news hub provides investors and industry professionals with authoritative updates on the company’s operational milestones and regulatory compliance efforts.
Access verified press releases and announcements covering CHRA’s environmental solutions for coal-fired and nuclear power facilities. The curated collection includes updates on ash pond closure projects, recycling innovations, and maintenance service contracts with utilities. Users will find timely information on safety protocol enhancements and sustainability initiatives critical to the power generation industry.
This resource serves as a centralized reference for tracking CHRA’s progress in transforming industrial byproducts into reusable materials while maintaining strict environmental standards. Regular updates ensure stakeholders stay informed about the company’s role in enabling cleaner energy operations through advanced remediation technologies.
Bookmark this page for direct access to CHRA’s official communications, including strategic partnerships and operational developments. Check back frequently for unedited news reflecting the company’s commitment to environmentally responsible power generation support services.
Charah Solutions, Inc. (NYSE:CHRA) commends the Infrastructure Investment and Jobs Act signed by President Biden, promoting the use of recycled fly ash in Green Concrete, a more sustainable alternative to Portland cement. This initiative addresses the U.S. infrastructure needs while reducing landfill waste and CO2 emissions. Charah Solutions emphasizes its commitment to environmental sustainability, having recycled 2.58 million tons of coal combustion residuals in 2020. The legislation allocates $110 billion for infrastructure repairs, marking a significant investment in America's roads and bridges.
Charah Solutions (NYSE:CHRA) announced that CFO Roger Shannon will present at the Southwest IDEAS Investor Conference on November 18, 2021, at 9:30 am CT in Dallas, TX. The live webcast can be accessed through both the conference's site and Charah's investor relations page. This event is part of a series designed to connect companies with investment professionals, emphasizing investor-sponsored presentations.
Charah provides critical environmental services in the power generation sector, focusing on coal combustion byproduct management and sustainability initiatives.
Charah Solutions, Inc. (CHRA) reported a year-to-date record of $805 million in new business awards, surpassing 2020's $715 million. Despite a net loss of $3.8 million for Q3 and $13.7 million year-to-date, the company anticipates being in the upper half of guidance ranges for 2021, driven by increased revenues of $84.2 million in Q3, up 33.3% YoY. Significant debt refinancing enhances financial flexibility. New credit agreements include a $30 million revolving credit facility, emphasizing ESG metrics for favorable terms.
Charah Solutions (NYSE: CHRA) has secured a five-year contract with Associated Electric Cooperative Inc. for the recycling of approximately 150,000 tons of byproducts annually from the Thomas Hill Energy Center, a 1,153-megawatt coal-fired facility. The deal, which runs through 2026, focuses on sustainable management of fly ash, bottom ash, and boiler slag. By utilizing Charah's MultiSource materials network, these byproducts will be beneficially used in the concrete industry, enhancing sustainability while reducing landfill waste and carbon emissions.
Charah Solutions (NYSE:CHRA) will host a conference call on November 11, 2021, at 8:30 a.m. ET to discuss its Q3 2021 financial results. Interested participants can register via a provided link using conference ID 7580579. A webcast will be available on the company's website post-call, along with an audio replay for a week. Charah Solutions specializes in environmental services, aiding in the management and recycling of ash byproducts from coal combustion. The company aims to reduce greenhouse gas emissions as part of its commitment to a cleaner energy future.
Charah Solutions (NYSE:CHRA) has announced a five-year contract with Associated Electric Cooperative Inc. for the sustainable recycling of approximately 150,000 tons of fly ash, bottom ash, and boiler slag annually from the Thomas Hill Energy Center. This partnership aims to provide high-quality materials for the concrete industry, enhancing sustainability and reducing carbon footprint. The byproducts will be distributed through Charah's MultiSource materials network, primarily within a 200-mile radius of the plant, running through 2026.
Charah Solutions (NYSE:CHRA) has been awarded contracts for three ash pond projects by a long-term Southeastern utility partner. The contracts involve site clearing, road construction, ash stabilization, excavation, and relocation of coal combustion residuals from ash ponds. Work commenced in fall 2021 and includes the construction of haul roads and stabilization of ash basins. Charah Solutions aims to leverage its extensive experience in environmental services to meet regulatory and technical requirements, potentially paving the way for further projects in the future.
Charah Solutions (NYSE:CHRA) announced on September 15, 2021, that it received seven safety awards from the North Carolina Department of Labor for its outstanding employee safety record in 2020. This marks the ninth consecutive year that the company has been recognized for its safety performance. Key achievements include Gold-level Certificates of Safety Achievement for all sites, a Total Recordable Incident Rate (TRIR) of 0.36, and no lost time injuries. The awards highlight Charah's commitment to maintaining high safety standards in the power generation industry.
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