FinancialBuzz.com’s latest The Buzz Show: Featuring Our Corporate News Recap on “Charah Solutions Surges Following 12-Year Contract with Dominion Energy”
Charah Solutions (NYSE: CHRA) surged over 81% in premarket trading after announcing a large-scale, 12-Year Ash Marketing Contract with Dominion Energy.
Chara Solutions will install processing and transportation infrastructure in 2021 to facilitate rail transportation of up to 8.1 million tons of reclaimed ponded coal ash from the Chesterfield Power Station in Virginia to cement kiln feed markets, where it will be recycled and sold for beneficial use in Portland cement.
Charah® Solutions, Inc. is a leading provider of environmental services and byproduct sales to the power generation industry. 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. The Company also designs and implements solutions for ash pond management and closure, landfill construction, fly ash 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: Charah Solutions, Inc.
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