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EnergySolutions Signs Second 5-Year Contract With Tennessee Valley Authority (TVA)
| Source: EnergySolutions, Inc.
SALT LAKE CITY, UT--(Marketwire - June 10, 2008) - EnergySolutions, Inc. (NYSE : ES )
announced today it has signed a second waste management agreement with the
Tennessee Valley Authority (TVA). This five-year $30 million contract
provides liquid radioactive waste management services to the Sequoyah,
Watts Bar and Browns Ferry nuclear power plants. This agreement is
separate from a recently signed agreement for overall processing and
offsite disposal services for TVA.
"Once again we appreciate the confidence shown to EnergySolutions by the
Tennessee Valley Authority by selecting us to safely manage its liquid
waste," said Steve Creamer, CEO and Chairman of EnergySolutions.
The agreement just signed is for on-site processing of TVA's liquid
radioactive waste, as well as cask rental and transportation, spent fuel
pool cleanout services, and other associated services.
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.