Allied Power https://alliedpwr.com/ Tue, 03 Feb 2026 16:10:53 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://alliedpwr.com/wp-content/uploads/2023/05/Allied-Power_ACharahSolution_Logo-shieldonly-32x32.png Allied Power https://alliedpwr.com/ 32 32 Allied Power Expands Platform with New Engineering and Construction Services Division, Names Chinmay Patel SVP https://alliedpwr.com/new-engineering-and-construction-services-division-names-chinmay-patel-svp/ Tue, 03 Feb 2026 16:07:47 +0000 https://alliedpwr.com/?p=7875 Baton Rouge, LA — February 3, 2026 — Allied Power is pleased to welcome Chinmay Patel as Senior Vice President of Engineering. Chinmay will lead our newly established Engineering division, driving integrated engineering and construction (E&C) services across major capital projects, plant modifications, life extension initiatives, and strategic growth programs. He will collaborate with our…

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Baton Rouge, LA — February 3, 2026 — Allied Power is pleased to welcome Chinmay Patel as Senior Vice President of Engineering.

Chinmay will lead our newly established Engineering division, driving integrated engineering and construction (E&C) services across major capital projects, plant modifications, life extension initiatives, and strategic growth programs. He will collaborate with our specialty engineering, Dominion Engineering, Inc., and radiation protection, RSCS divisions to enhance cross-functional collaboration and deliver high-quality solutions.

“Chinmay’s leadership will be pivotal as we launch our new Engineering division,” said Jeff Plauche, Chief Operating Officer. “This expansion strengthens our integrated platform, bringing together engineering, specialty services, and radiation protection to better support our clients’ most complex challenges. His experience leading large, multi-disciplinary programs positions us to accelerate growth while delivering greater value across the full project lifecycle.”

Chinmay brings more than 18 years of experience in engineering leadership and business development, with a strong record of building and guiding cross-functional teams to deliver complex engineering and project management services for utility and energy clients.

Most recently, as Account & Market Engagement Director at Motive Power, he led the company’s largest utility account, overseeing teams responsible for project management, scheduling, and process improvement, achieving consistent year-over-year growth. Previously, at ENERCON Services, he supported business development and client services for Department of Energy national labs and prime contractors, forming strategic partnerships and improving proposal success.

In his new role, Chinmay will focus on growing the Engineering division through both organic and strategic initiatives, strengthening coordination across engineering, nuclear, radiation safety, and product teams, and ensuring the delivery of high-quality solutions that meet client needs.

Chinmay holds an MBA and a B.S. in Electrical and Computer Engineering from the Georgia Institute of Technology.

About Allied Power
Allied Power is a diversified, full-service provider of power plant services across the entire asset life cycle. Backed by deep utility industry experience and power generation expertise, Allied Power delivers proven, practical, and innovative solutions that improve efficiency and cost effectiveness—without compromising safety or quality. The company offers comprehensive maintenance, modification, construction, project management, specialty engineering, and radiation protection services for power generation clients. Learn more at alliedpwr.com.

Contact: Suzanne Myers, Director of Marketing Communications | [email protected]

 

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Allied Power Acquires V Specialty Services, Expanding Union Specialty Welding Capabilities Across the Power Generation Market https://alliedpwr.com/allied-power-acquires-v-specialty-services-expanding-union-specialty-welding-capabilities-across-the-power-generation-market/ Tue, 06 Jan 2026 09:26:32 +0000 https://alliedpwr.com/?p=7796 Baton Rouge, LA — January 8, 2026 — Allied Power announced today the acquisition of V Specialty Services (VSS), a union specialty contractor and recognized industry leader in welding services. The acquisition strengthens Allied Power’s platform of integrated services, enhancing its ability to deliver maintenance, modifications, and project support across the power generation market. VSS…

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Baton Rouge, LA — January 8, 2026 — Allied Power announced today the acquisition of V Specialty Services (VSS), a union specialty contractor and recognized industry leader in welding services. The acquisition strengthens Allied Power’s platform of integrated services, enhancing its ability to deliver maintenance, modifications, and project support across the power generation market.

VSS has decades of experience supporting industrial construction, outage and turnaround, and maintenance projects, performing work under established quality controls. The company’s management team applies extensive construction and metallurgical expertise from the earliest planning stages to develop sound plans that guide project execution.

The VSS union craft labor team provides welding and fabrication services across areas such as exotic metal alloys, boilers and vessels, heat exchangers, and heavy wall piping.

“Adding VSS to our platform expands Allied Power’s ability to offer specialized welding and fabrication services that complement our existing capabilities,” said Jeff Plauche, Chief Operating Officer of Allied Power. “This acquisition strengthens our integrated service offering, helping customers improve efficiency, control costs, and enhance operational outcomes while maintaining the highest safety standards.”

“I’m proud of the VSS team and the growth we’ve achieved as we’ve expanded into the nuclear power market,” said Ricky Gill, former VSS owner. “Joining the Allied Power platform positions us well for the next phase of growth and enables us to enhance our capabilities and deliver even greater value to our customers.”

The acquisition builds on Allied Power’s growing platform, which already includes capabilities in specialty engineering, component integrity, asset management, and radiological protection services. Integrating VSS further enhances Allied Power’s ability to provide a fully integrated suite of services across power and critical infrastructure projects.

About Allied Power
Allied Power is a diversified, full-service provider of power plant services across the entire asset life cycle. Backed by deep utility industry experience and power generation expertise, Allied Power delivers proven, practical, and innovative solutions that improve efficiency and cost effectiveness—without compromising safety or quality. The company offers comprehensive maintenance, modification, construction, project management, specialty engineering, and radiation protection services for power generation clients. Learn more at alliedpwr.com.

About V Specialty Services
V Specialty Services (VSS), a division of Allied Power, is a union specialty contractor and provider of welding and fabrication services for industrial construction, outage and turnaround, and maintenance projects.

Contact: Suzanne Myers, Director of Marketing Communications | [email protected]

 

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Bernhard Capital-Backed Allied Power Acquires Dominion Engineering, Inc. https://alliedpwr.com/bernhard-capital-backed-allied-power-acquires-dominion-engineering/ Fri, 15 Sep 2023 17:00:25 +0000 https://alliedpwr.com/?p=6500 BATON ROUGE, La., September 2023 /PRNewswire/ — Allied Group Holdings, LLC (“Allied” or the “Company”), a full-service provider of power plant services, today announced that it has acquired Dominion Engineering, Inc. (“DEI”), a leading provider of field service equipment, technology, and specialized engineering services to the nuclear power industry. Financial terms of the transaction were not disclosed.…

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BATON ROUGE, La., September 2023 /PRNewswire/ — Allied Group Holdings, LLC (“Allied” or the “Company”), a full-service provider of power plant services, today announced that it has acquired Dominion Engineering, Inc. (“DEI”), a leading provider of field service equipment, technology, and specialized engineering services to the nuclear power industry. Financial terms of the transaction were not disclosed.

Allied provides a diversified range of services – from routine maintenance to outage services and management, capital construction and specialized support – for power plants across the asset life cycle throughout the U.S. In November 2020, the Company was acquired by Bernhard Capital Partners, an infrastructure and services-focused private equity management firm.

For more than four decades, DEI has provided innovative field service equipment, technology, and expert consulting services that help nuclear utilities and operators improve plant performance and reliability, as well as increase the efficiency of refueling outages, decommissioning and waste management activities. DEI’s products and services have been consistently recognized for exemplary technical contributions to engineering projects throughout the nuclear energy sector from new reactor projects to backend waste management.

The acquisition of DEI builds on Allied’s expansion of its offerings, following the Company’s acquisition of Radiation Safety and Control Services (RSCS), a provider of project management, technical, and laboratory services to the nuclear power industry, the Government, and other companies that use radioactive material, in 2022. DEI’s services complement Allied’s existing offerings while simultaneously unlocking new opportunities for the Company to capitalize on the growing market for nuclear energy, as decarbonization goals, public investment initiatives in nuclear energy, and aging nuclear infrastructure accelerate industry demand.

“We are delighted to welcome DEI and their entire team of nuclear professionals to the Allied family,” said Dean Sack, Chief Executive Officer of Allied. “DEI’s ability to make nuclear reactor operation, maintenance, and waste management safer and more cost-effective directly complements the Allied footprint of work in the nuclear power industry. We look forward to growing this footprint by utilizing the deep nuclear industry expertise of DEI.”

“At DEI, we share the Allied team’s commitment to servicing critically important nuclear industry infrastructure and supporting the deployment of new nuclear generation assets, including small modular reactors,” said Mike Little, Chief Executive Officer of DEI. “Our diversified suite of power plant services uniquely complements Allied and RSCS’s existing capabilities and creates an industry-leading group of companies providing safe and cost-effective services to the nuclear industry. The added scale and offerings will provide our employees and customers with significant long-term opportunities, and we are excited to partner with the Allied and Bernhard teams.”

“We are in the middle of a nuclear energy renaissance that requires increasingly specialized expertise and innovative solutions to meet today’s energy demands and support long-term national energy security and the energy transition,” said Mark Spender, a Partner of Bernhard Capital. “The combination of DEI with Allied and RSCS creates a leading platform delivering safe, mission-critical and cost-effective services and technology for a diverse and growing base of operator and power generation clients.”

Allied was advised by Kirkland & Ellis LLP on the transaction. DEI was advised by Baird and Greenberg Traurig, LLP.

About Allied Group Holdings
Allied Power is a diversified, full-service provider of power plant services spanning the entire asset life cycle. The Allied Power team and leadership has vast experience in the utility industry and expertise in power generation. Utilizing this expertise, Allied Power is able to provide customers with proven, practical, and innovative approaches that maximize the efficiency and cost effectiveness of utilities without sacrificing safety or quality. Allied Power provides a full range of professional, technical and craft services including routine maintenance, outage, and capital construction services. To learn more at Allied Power, visit https://alliedpwr.com.

About DEI
Founded in 1980, DEI began as an independent technical consulting firm to ensure safe, reliable and cost-effective design, operation and maintenance of nuclear reactors. Due in large part to innovative solutions developed from years of experience, DEI’s business has expanded to include a strong portfolio of value-adding equipment and tooling products for nuclear reactor services. DEI holds over 80 granted patents for specialized equipment and processes for nuclear reactor services and nuclear waste management. A number of these products have challenged conventional approaches to nuclear reactor maintenance and waste management and have translated to substantial savings for nuclear utilities and operators. For more information about DEI please visit https://domeng.com.

About Bernhard Capital Partners
Bernhard Capital Partners is a services and infrastructure-focused private equity management firm established in 2013. Bernhard Capital Partners has deployed capital in four funds across several strategies, has approximately $3.4 billion of gross assets under management. Bernhard Capital Partners seeks to create sustainable value by leveraging its experience in acquiring, operating and growing services and infrastructure businesses. For more information, visit www.BernhardCapital.com.

Contacts

Allied Power
Christy Fairchild
Vice President – Human Resources & Corporate Development
[email protected]
225-412-6435

Bernhard Capital Partners
Ed Trissel / Erik Carlson
Joele Frank, Wilkinson Brimmer Katcher
212-355-4449

SOURCE Allied Group Holdings

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Allied Power Secures Contract Extension from Constellation to Provide Multi-Site Nuclear Maintenance and Technical Services https://alliedpwr.com/allied-power-secures-contract-extension-from-constellation-to-provide-multi-site-nuclear-maintenance-and-technical-services/ Mon, 13 Feb 2023 16:51:15 +0000 https://alliedpwr.com/?p=6158 Allied Power to Continue Providing Maintenance and Modification Services at 12 Sites and 21 Units in Four States Renewal Extends Existing Contract Through Mid-August 2028, With an Option for an Additional Five-Year Extension BATON ROUGE, LA (February 9, 2023) – Allied Power, a leading provider of maintenance and specialty services to the power generation industry, today…

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Allied Power to Continue Providing Maintenance and Modification Services at 12 Sites and 21 Units in Four States

Renewal Extends Existing Contract Through Mid-August 2028, With an Option for an Additional Five-Year Extension

BATON ROUGE, LA (February 9, 2023) – Allied Power, a leading provider of maintenance and specialty services to the power generation industry, today announced that it has signed a multi-year contract extension for nuclear maintenance and technical services with Constellation Energy Generation, LLC, the largest owner and operator of nuclear plants in the United States and the largest producer of emissions-free energy.

Allied Power will provide maintenance and modification services for twelve (12) Constellation nuclear plants and 21 units in four states as well as fleet wide staff augmentation services through mid-August 2028, with an option for a five-year renewal. Allied Power’s services are designed to support Constellation’s objectives for safe, event-free outage and operational performance at Constellation’s sites in Illinois, Maryland, New York and Pennsylvania.

According to Ron McCall, CEO, “Allied Power provides a broad platform of mission-critical professional, technical and craft services spanning the entire life cycle of the nuclear power generator and we are delighted to extend our relationship with Constellation to meet their nuclear maintenance needs. As one of the largest nuclear maintenance and technical services providers in the country, we are pleased to renew this extensive services contract with the nation’s leader in nuclear power generation and look forward to bringing meaningful value to Constellation and their customers for many years to come.”

Dean Sack, Executive Vice President of Maintenance, added, “This renewal demonstrates the operational excellence of the Allied Power and Constellation alliance relationship. It is a great testament to the quality work that our Nuclear Services team provides.”

About Allied Power

Allied provides a diversified range of services – from routine maintenance to outage services and management, capital construction and specialized support – for power plants across the asset life cycle throughout the U.S. In November 2020, the Company was acquired by Bernhard Capital Partners, a services and infrastructure-focused private equity management firm investing in middle market businesses providing essential services to owners of critical infrastructure. For more information, please visit www.alliedpwr.com.

About Bernhard Capital Partners

Bernhard Capital Partners is a services and infrastructure-focused private equity management firm established in 2013. Bernhard Capital Partners has deployed capital in four funds across several strategies and has approximately $3.0 billion of gross assets under management. Bernhard Capital Partners seeks to create sustainable value by leveraging its experience in acquiring, operating, and growing services and infrastructure businesses. For more information, visit www.BernhardCapital.com.

Media Contact

Christy Fairchild, Vice President
[email protected]

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Bernhard Capital-Backed Allied Power Acquires Radiation Safety & Control Services https://alliedpwr.com/bernhard-capital-backed-allied-power-acquires-radiation-safety-control-services/ Fri, 15 Jul 2022 15:18:22 +0000 https://alliedpwr.com/?p=6153 BATON ROUGE, La., July 14, 2022  -- Allied Power Holdings, LLC ("Allied" or the "Company"), a full-service provider of power plant services, today announced that it has acquired Radiation Safety & Control Services, Inc. ("RSCS"), a leading provider of project management, technical and laboratory services to the nuclear power industry. Financial terms of the transaction were not disclosed.

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Significantly Expands Maintenance and Technician Service Offerings for Radiation-Producing and Nuclear Power Customers

BATON ROUGE, La.July 14, 2022  — Allied Power Holdings, LLC (“Allied” or the “Company”), a full-service provider of power plant services, today announced that it has acquired Radiation Safety & Control Services, Inc. (“RSCS”), a leading provider of project management, technical and laboratory services to the nuclear power industry. Financial terms of the transaction were not disclosed.

Allied provides a diversified range of services – from routine maintenance to outage services and management, capital construction and specialized support – for power plants across the asset life cycle throughout the U.S. In November 2020, the Company was acquired by Bernhard Capital Partners, a services and infrastructure-focused private equity management firm investing in middle-market businesses providing essential services to owners of critical infrastructure.

For more than three decades, RSCS has established itself as one of the most innovative and efficient providers of radiological and environmental services and nuclear site staffing services to industries and government agencies across the country. With proprietary radiation monitoring products and laboratory services, RSCS will enable Allied to expand its relationships with existing and new customers, while simultaneously allowing the Company to capitalize on the growing market for nuclear plant decommissioning and radiation monitoring services.

“We are thrilled to welcome such an established and well-respected team in the industry to the Allied family,” said Ron McCall, Chief Executive Officer of Allied Power. “RSCS’s proprietary products and best-in-class monitoring and technician services will enable us to capitalize on new contract opportunities, enhance the on-site and supportive offerings we provide to our nuclear facility clients and maximize significant tailwinds in the decommissioning space. We look forward to working closely with the RSCS team and embarking on a new phase of growth together.”

“We share a deep commitment with the Allied team to provide efficient, quality radiological services to an expanding customer base, which makes this transaction a natural fit for our business,” said Jay Tarzia, Principal and Executive Director of RSCS. “The added scale and offerings will provide our employees and customers with significant long-term opportunities, and we are excited to partner with the Allied and Bernhard teams.”

“As the commercial nuclear energy market continues to play a pivotal, yet evolving, role – both domestically and internationally – in today’s clean energy landscape and transition, it will increasingly require specialized expertise and support,” said Mark Spender, a Partner of Bernhard Capital. “This transaction further solidifies Allied as the provider of choice for safe, mission-critical and cost-effective power services for the leading power generators across the country.”

About Allied Power Holdings
Allied Power is a diversified, full-service provider of power plant services spanning the entire asset life cycle. The Allied Power team and leadership has vast experience in the utility industry and expertise in power generation. Utilizing this expertise, Allied Power is able to provide customers with proven, practical, and innovative approaches that maximize the efficiency and cost effectiveness of utilities without sacrificing safety or quality. Allied Power provides a full range of professional, technical and craft services including routine maintenance, outage, and capital construction services. To learn more at Allied Power, visit https://alliedpwr.com.

About Radiation Safety & Control Services
RSCS provides project management, technical, and laboratory services to the nuclear power industry, the Government, and other companies that use radioactive material. RSCS actively manages and supports nuclear and radiological operations and decommissioning projects through its specialty services and staff augmentation. RSCS’s project services, ISO/IEC accredited laboratory, and its manufacturing division provide state-of-the art solutions to our clients to improve quality and efficiency. RSCS has a dedicated team of approximately 230 employees nationally. A group of its employees on a jobsite in CA recently announced their intent to join the International Brotherhood of Electrical Workers. For more information about RSCS please visit http://www.radsafety.com.

About Bernhard Capital Partners
Bernhard Capital Partners is a services and infrastructure-focused private equity management firm established in 2013. Bernhard Capital Partners has deployed capital in three funds across several strategies, has approximately $2.5 billion of gross assets under management and is ranked as one of Private Equity International’s 300 largest private equity firms worldwide. Bernhard Capital Partners seeks to create sustainable value by leveraging its experience in acquiring, operating and growing services and infrastructure businesses. For more information, visit www.bernhardcapital.com.

Contacts

Allied Power
Christy Fairchild
Vice President – Human Resources & Corporate Development
[email protected]
225-412-6435

Bernard Capital Partners
Ed Trissel / Erik Carlson
Joele Frank, Wilkinson Brimmer Katcher
212-355-4449

SOURCE Allied Power Holdings

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Allied Power Ranked 2nd in Engineering News-Record’s (ENR) List of Top Operations and Maintenance Power Contractors https://alliedpwr.com/allied-power-ranked-2nd-in-engineering-news-records-enr-list-of-top-operations-and-maintenance-power-contractors/ Wed, 20 Oct 2021 05:00:06 +0000 https://alliedpwr.com/?p=6042 Power Plant Service Provider Also Received a #21 Ranking in the List of Top Power Sector Contractors BATON ROUGE, LA (Oct. 20, 2020) – Allied Power, a full-service provider of power plant services, received top rankings within the Engineering News-Record’s (ENR) annual list of Top 400 Contractors, which provides detailed insights into various construction and…

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Power Plant Service Provider Also Received a #21 Ranking in the List of Top Power Sector Contractors


BATON ROUGE, LA (Oct. 20, 2020) –
Allied Power, a full-service provider of power plant services, received top rankings within the Engineering News-Record’s (ENR) annual list of Top 400 Contractors, which provides detailed insights into various construction and contractor programs throughout the United States. Allied Power placed #2 on the list of Top Operations and Maintenance Contractors within the Power category and #21 within the list of Top Power Sector Contractors.

ENR’s rankings were determined based on 2020 revenue results, and the Top 400 reached $415 billion.

“Despite emerging from a particularly challenging year within the contracting and power industry, Allied Power delivered strong results,” said Ron McCall, Chief Executive Officer of Allied Power. “This, coupled with continued diversification of our services with top utility partners and receiving this recognition by one of the top industry publishers in the contracting sector, further solidifies our strong reputation and quality of services within the marketplace.”

Allied Power proudly provides routine maintenance, outage management, capital construction, and specialty services to owners in the power generation industry.

ABOUT ALLIED POWER

Allied Power is a diversified, full-service provider of power plant services spanning the entire asset life cycle. The Allied Power team and leadership has vast experience in the utility industry and expertise in power generation. Utilizing this expertise, Allied Power is able to provide customers with proven, practical, and innovative approaches that maximize the efficiency and cost effectiveness of utilities without sacrificing safety or quality. Allied Power provides a full range of professional, technical and craft services including routine maintenance, outage, and capital construction services. To learn more at Allied Power, visit https://alliedpwr.com.

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Charah Solutions, Inc. Announces Sale of Allied Power Holdings, LLC for $40 Million https://alliedpwr.com/charah-solutions-inc-announces-sale-of-allied-power-holdings-llc-for-40-million/ Thu, 19 Nov 2020 14:17:41 +0000 https://alliedpwr.com/?p=5725 Fully focused on higher growth, higher margin environmental remediation and byproduct recycling markets Strengthening balance sheet through significant debt reduction and enhancing liquidity Louisville, KY – November 19, 2020 – Charah Solutions, Inc. (the “Company”) (NYSE: CHRA) today announced it has sold Allied Power Holdings, LLC (“Allied”), its subsidiary engaged in maintenance, modification and repair…

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Fully focused on higher growth, higher margin environmental remediation and byproduct recycling markets
Strengthening balance sheet through significant debt reduction and enhancing liquidity

Louisville, KY – November 19, 2020 – Charah Solutions, Inc. (the “Company”) (NYSE: CHRA) today announced it has sold Allied Power Holdings, LLC (“Allied”), its subsidiary engaged in maintenance, modification and repair services to the nuclear and fossil power generation industry, to an affiliate of Bernhard Capital Partners Management, LP (“BCP”), the Company’s majority shareholder, in an all-cash deal for $40 million.

“I am excited to announce that we have made the strategic decision to sell our Allied subsidiary to an affiliate of BCP for $40 million. Charah Solutions is laser-focused on capturing a significant share of the $75 billion ash environmental remediation and byproduct recycling market, and this transaction strategically positions the Company to devote its full attention and resources to these higher margin and higher growth opportunities. We also significantly strengthened our balance sheet and reduced leverage by applying the full amount of the net proceeds to debt repayment, and we improved our cash flow and available liquidity,” said Scott Sewell, President and Chief Executive Officer of Charah Solutions. “At Charah Solutions, our work, mission and culture are directly aligned with meeting environmental, sustainability, and governance (“ESG”) standards and providing innovative services to solve our utility customers’ most complex environmental challenges. We are an industry leader in quality, safety, and ESG compliance, and we are committed to preserving our environment for a cleaner future. This is what we do every single day. Charah Solutions has earned its reputation as the premier one-stop solution to the power generation industry for ash pond remediation and compliance, environmentally friendly ash recycling and daily ash operations. With the completion of this transaction, we are now entirely focused on delivering our industry-leading comprehensive suite of ash services to the power generation industry. Allied is a very successful business, and we believe its value will be best realized by being part of BCP’s strategy and vision for their maintenance-related services. We thank our Allied team members for their contributions during their time with Charah Solutions and wish them continued success in the future.”

The final consideration for the sale is subject to customary adjustments for net working capital and other adjustments as set forth in the Purchase Agreement. The sale was approved by a special committee of the Company’s Board of Directors consisting solely of independent directors, which obtained a fairness opinion in connection with the transaction. The sale has also been approved by the Company’s lenders under its senior secured credit facility. Concurrent with the closing of the Allied sale, the Company entered into Amendment No. 4 to its senior credit agreement, which, among other things, provided consent for the sale of Allied, reduced Net Leverage thresholds throughout the remaining term of the loan to reflect the reduced debt, waived the fourth quarter 2020 Fixed Charge Coverage Ratio requirement and reduced the first quarter 2021 Fixed Charge Coverage Ratio requirement to 1.0x. Under the terms of Amendment No. 4, Charah Solutions repaid $30 million of term debt and applied the remainder of the net proceeds to its Revolving Credit Agreement. The Company expects the sale of Allied and corresponding debt reduction will improve its 2021 leverage ratios. We have provided supplemental financial information relating to this transaction on our website at www.charah.com.

Houlihan Lokey acted as financial advisor to Charah Solutions, Inc. and Vinson & Elkins LLP provided legal counsel.

About Charah Solutions
With 30 years of experience, Charah Solutions, Inc. is a leading provider of environmental services 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 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 release that address activities, events or developments that the Company expects, believes or anticipates will or may occur in the future are forward-looking statements. These forward-looking statements are identified by their use of terms and phrases such as “may,” “expect,” “estimate,” “project,” “plan,” “believe,” “intend,” “achievable,” “anticipate,” “will,” “continue,” “potential,” “should,” “could,” and similar terms and phrases. These statements are based on certain assumptions made by the Company based on management’s experience and perception of historical trends, current conditions, anticipated future developments and other factors believed to be appropriate. Such statements are subject to a number of assumptions, risks and uncertainties, many of which are beyond the control of the Company, which may cause actual results to differ materially from those implied or expressed by the forward-looking statements. See the Company’s Form 10-K for the fiscal year ended December 31, 2019 and other periodic reports as filed with the Securities and Exchange Commission for further information regarding risk factors.

Any forward-looking statement speaks only as of the date on 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.

Investor Contact
Roger Shannon, Chief Financial Officer and Treasurer
Charah Solutions, Inc.
[email protected]
(502) 245-1353

Media Contact
Keaton Price
PriceWeber Marketing
[email protected]
(502) 593-4692

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Charah Solutions Secures Contract Extension from Exelon to Provide Multi-Site Nuclear Maintenance and Technical Services https://alliedpwr.com/charah-solutions-secures-contract-extension-from-exelon/ Mon, 24 Aug 2020 17:26:51 +0000 https://alliedpwr.com/?p=5598 Allied Power Division to Continue Providing Maintenance and Modification Services at 12 Sites and 21 Units in Four States Renewal Extends Existing Contract Through Mid-August 2025, With an Option for an Additional Five-Year Extension LOUISVILLE, KY (August 24, 2020) – Charah® Solutions, Inc. (NYSE: CHRA) (the “Company”), a leading provider of environmental and maintenance services to the…

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Allied Power Division to Continue Providing Maintenance and Modification Services at 12 Sites and 21 Units in Four States
Renewal Extends Existing Contract Through Mid-August 2025, With an Option for an Additional Five-Year Extension

LOUISVILLE, KY (August 24, 2020) – Charah® Solutions, Inc. (NYSE: CHRA) (the “Company”), a leading provider of environmental and maintenance services to the power generation industry, today announced that its Allied Power division has signed a multi-year contract extension for nuclear maintenance and technical services with Exelon Generation Company, LLC, the largest owner and operator of nuclear plants in the United States and the largest producer of emissions-free energy.

Allied Power will provide maintenance and modification services for twelve (12) Exelon nuclear plants and 21 units in four states as well as fleet wide staff augmentation services through mid-August 2025, with an option for a five-year renewal. Allied Power’s services are designed to support Exelon’s objectives for safe, event-free outage and operational performance at Exelon’s sites in Illinois, Maryland, New York and Pennsylvania.

According to Scott Sewell, Charah Solutions President and CEO, “Charah Solutions is nationally recognized in the power generation industry as a total solutions company, providing top quality service and innovation to meet the evolving and increasingly complex needs of our utility clients. Our Allied Power division provides a broad platform of mission-critical professional, technical and craft services spanning the entire life cycle of the nuclear power generator and we are delighted to extend our relationship with Exelon to meet their nuclear maintenance needs.”

“As one of the largest nuclear maintenance and technical services providers in the country, we are pleased to renew this extensive services contract with the nation’s leader in nuclear power generation and look forward to bringing meaningful value to Exelon and their customers for many years to come,” added Ron McCall, CEO of Allied Power.

Dean Sack, Senior Vice President of Maintenance – Nuclear, added, “This renewal demonstrates the operational excellence of the Allied Power and Exelon alliance relationship. It is a great testament to the quality work that our Nuclear Services team provides.”

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 the fossil fuel and nuclear power generation industry. 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 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 release that address activities, events or developments that the Company expects, believes or anticipates will or may occur in the future are forward-looking statements. These forward-looking statements are identified by their use of terms and phrases such as “may,” “expect,” “estimate,” “project,” “plan,” “believe,” “intend,” “achievable,” “anticipate,” “will,” “continue,” “potential,” “should,” “could,” and similar terms and phrases. These statements are based on certain assumptions made by the Company based on management’s experience and perception of historical trends, current conditions, anticipated future developments and other factors believed to be appropriate. Such statements are subject to a number of assumptions, risks and uncertainties, many of which are beyond the control of the Company, which may cause actual results to differ materially from those implied or expressed by the forward-looking statements. Any forward-looking statement speaks only as of the date on 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.

Investor Contact
Roger Shannon
(502) 245-1353
[email protected]

Media Contact
Keaton Price
(502) 593-4692
[email protected]

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Exelon Contracts with Allied Power for Multi-Site Plant Maintenance https://alliedpwr.com/exelon-contracts-with-allied-power-for-multi-site-plant-maintenance/ Thu, 12 Oct 2017 17:30:39 +0000 https://alliedpwr.com/?p=5602 BATON ROUGE, La., Oct. 12, 2017 /PRNewswire/ — Allied Power has been awarded a five-year contract to provide maintenance and modification services for fourteen (14) Exelon Corporation (EXC) nuclear plant sites in five states as well as fleet-wide staff augmentation services. “We are pleased to have been awarded this extensive services contract by the nation’s…

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BATON ROUGE, La., Oct. 12, 2017 /PRNewswire/ — Allied Power has been awarded a five-year contract to provide maintenance and modification services for fourteen (14) Exelon Corporation (EXC) nuclear plant sites in five states as well as fleet-wide staff augmentation services.

“We are pleased to have been awarded this extensive services contract by the nation’s leader in nuclear power generation and look forward to bringing meaningful value to Exelon and their customers for many years to come,” said Ron McCall, CEO of Allied Power.

Under the contract, which provides a five-year initial term with the potential for a five-year extension, Allied’s services are designed to support Exelon’s objectives for safe, event-free outage and operational performance at Exelon’s sites in Illinois, Maryland, New York, New Jersey and Pennsylvania.

Based in Baton Rouge, Louisiana, Allied Power provides a broad suite of diversified services for power plants across the asset life cycle through seasoned experience in the utility market and utility generation. Allied’s leadership combines well over 100 years of experience providing services for the utility sector with expertise in outage services and maintenance, capital construction, and a variety of other specialty services.

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