and the Promotion of Safe Working Conditions in 2023
LOUISVILLE, KY (August 13, 2024) – Charah® Solutions, Inc. (“Charah Solutions” or the “Company”), a leading provider of environmental services and byproduct recycling to the power generation industry, today announced that it has received a total of three prestigious safety awards from the North Carolina Department of Labor (NCDOL) for an outstanding record of employee safety in 2023. This is the twelfth year that Charah Solutions has been recognized by the NCDOL for its safety record.
Charah Solutions has been recognized for its safety record for the following projects:
• Duke Energy’s Allen Steam Station in Gaston County, NC for the tenth time;
• Duke Energy’s Mayo Plant in Person County, NC for the fourth time; and
• Duke Energy’s Cape Fear Plant in Chatham County, NC for the third time.
This annual awards program, run by the NCDOL, recognizes private and public companies that achieve and maintain a high level of project and employee safety. All Charah Solutions sites received a Gold-Level Certificate of Safety Achievement, the state’s highest safety award, in recognition of the Company’s outstanding on-the-job safety and health efforts and the promotion of safe working conditions in 2023. The Gold Award is based on a days away, restricted, or transferred (DART) rate that is at least 50 percent below the statewide rate for the industry.
Ron Berryhill, Charah Solutions Senior Construction Manager at Duke Energy’s Mayo Plant site receives Gold-Level Safety Awards from the North Carolina Commissioner of Labor Josh Dobson.
About Charah Solutions, Inc.
With more than 35 years of experience, Charah Solutions, Inc. is a leading provider of environmental services and byproduct recycling to the power generation industry. Based in Louisville, Kentucky, 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. Charah Solutions assists utilities and independent power producers with all aspects of sustainably 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, structural fill projects, power plant remediation and site redevelopment. As a sustainability leader, Charah Solutions is dedicated to preserving our natural resources in an environmentally conscious manner and is focused on developing innovative solutions for the betterment of the planet, the communities in which it operates and its customers. For more information, please visit www.charah.com.
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Contact
Steve Brehm
Charah Solutions
(502) 245-1353
[email protected]
“We are delighted to have Tony as part of the Charah Solutions team,” said Matthew Sutton, Charah Solutions President and CEO. “His extensive C-level financial leadership experience will play a crucial role in shaping our financial strategies, optimizing operational efficiency, and driving sustainable growth. His insights and leadership will be invaluable as we continue to navigate the evolving landscape of our business.”
Mr. Tomljanovic obtained his bachelor’s degree from Lafayette College and completed Executive Leadership training at Rice University. He joins Charah Solutions from FST Technical Solutions where he served as CFO and led all financial, risk management, and IT roles. Previously, he was CFO of Infrastripe, LLC and AMEC E&E/Environment & Infrastructure and also held senior level finance leadership positions at CB&I, The Shaw Group, Tyco International, and ERM.
About Charah Solutions, Inc.
With more than 35 years of experience, Charah Solutions, Inc. is a leading provider of environmental services and byproduct recycling to the power generation industry. Based in Louisville, Kentucky, 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. Charah Solutions assists utilities and independent power producers with all aspects of sustainably 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, structural fill projects, power plant remediation and site redevelopment. For more information, please visit www.charah.com.
About SER Capital Partners
SER Capital Partners is an independent, middle-market private equity firm dedicated to investing in North American sustainable industrial, environmental, and renewable businesses. Over the past two decades, its team members have amassed successful experience in its targeted sectors as private equity investors and senior executives at both private and public businesses. The firm’s strategy is to actively create attractive investments underpinned by critical assets while also authentically measuring and improving key sustainability metrics in line with the UN Principles for Responsible Investing. SER is also committed to aligning interests across its investors, team members, portfolio company management teams, and communities. More information is available at www.sercapitalpartners.com.
Contact
Steve Brehm
Charah Solutions
(502) 245-1353
[email protected]
Commitment to Environmental, Social, and Governance (ESG) Initiatives
LOUISVILLE, KY (May 20, 2024) – Charah® Solutions, Inc., a leading provider of mission-critical environmental services and byproduct recycling to the power generation industry, today published its 2023 ESG At A Glance Report which highlights the Company’s Environmental, Social and Governance (ESG) performance in 2023 and its continued commitment to environmental responsibility, employees, communities, and customers.
Key 2023 achievements include:
Environmental
• 3.6% net operational water consumption vs. wastewater treated and returned to the environment
• 4.82 million tons of coal combustion residuals (CCRs) recycled for beneficial use
• 4.03 million tons of CO2 saved from entering the atmosphere by recycling CCRs
• $169 million estimated social cost of carbon credit based on net greenhouse gas (GHG) emissions
• 4.82 million tons of materials diverted from landfill disposal
• 587,925 tons of gypsum recycled
• 20 ponds cleaned and closed and 1 mine reclaimed since 2015
• Approximately 5,228 acres of land reclaimed since 2015
• 305 million gallons of wastewater treated
• No incidents of non-compliance associated with air emissions and of non-compliance with other environmental disciplines
Safety
• 0.00 Total Recordable Incident Rate (TRIR)
• There-year average Experience Modification Rate (EMR) of less than 0.56
• More than 1.1 million work hours in 2023 without a Lost Time Injury
• Improved the number and quality of site inspections and audits performed by our safety professionals and site team members in 2023 with more than 10,730 inspections and 682,480 observations
• Commitment to our employees with a work environment characterized by considerate treatment of others, open and honest communication, personal accountability, trust, and mutual respect to provide superior service and sustainable solutions for our customers.
Diversity and Inclusion
• Increased the diversity of our Board of Directors from 25% in 2022 to 33% in 2023
• Increased our diverse workforce (people of color and female) from 18.9% in 2022 to 21.2% in 2023
Download the Charah Solutions 2023 ESG At A Glance report by clicking the image below or visit the Company’s Sustainability page https://charah.com/sustainability/ for full ESG details.
About Charah Solutions, Inc.
With more than 35 years of experience, Charah Solutions, Inc. is a leading provider of environmental services and byproduct recycling to the power generation industry. Based in Louisville, Kentucky, 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. Charah Solutions assists utilities and independent power producers with all aspects of sustainably 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, structural fill projects, power plant remediation and site redevelopment. For more information, please visit www.charah.com.
Leveraging our national footprint and nearly 600 employees, Charah Solutions provides exceptional service to more than 40 coal-fired power plants with a presence in over 30 states, including Remediation & Compliance Services; Byproduct Services, together with our unique MultiSource® Materials Network and our proven and innovative EnviroSource® fly ash beneficiation technology; Raw Material Sales, and Environmental Risk Transfer (ERT) Services. Charah Solutions is committed to developing innovative and sustainable solutions for the betterment of the planet, our customers and the communities in which we operate.
Click on the PDF below to read the full Member Spotlight.
“Charah Solutions: 35+ Years of Powerful Services and Sustainable Solutions” Feature Article
WOCA is an international conference organized by the American Coal Ash Association (ACAA) and the University of Kentucky Center for Applied Energy Research (CAER). The 2024 conference is the 10th joint biennial meeting with a focus on the science, applications, and sustainability of worldwide coal combustion products (CCPs) as well as gasification products.
Visit the Charah Solutions team at Booth #103.
About Charah Solutions, Inc.
With more than 35 years of experience, Charah Solutions, Inc. is a leading provider of environmental services and byproduct recycling to the power generation industry. Based in Louisville, Kentucky, 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. Charah Solutions assists utilities and independent power producers with all aspects of sustainably 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, structural fill projects, power plant remediation and site redevelopment. For more information, please visit www.charah.com
LOUISVILLE, KY and REDWOOD CITY, CA (January 23, 2024) – Charah Solutions, Inc. (“Charah Solutions” or the “Company”), a leading provider of environmental services and byproduct recycling to the power generation industry, today announced the appointment of Matthew Sutton as President and Chief Executive Officer, effective January 22, 2024. Mr. Sutton, who will report to Charah Solutions Executive Chairman Curt Morgan and the Board of Directors, is a seasoned executive with more than 30 years of experience leading organizations at the intersection of environment, energy and construction.
“We welcome Matthew to the Charah Solutions team,” said Mr. Morgan. “He brings proven experience in executive leadership and value creation to Charah Solutions and the SER Capital Partners’ family. Our Board of Directors conducted an extensive search for a candidate with broad environmental industry experience and expertise across many sectors, and demonstrated executive leadership,” said Mr. Morgan. “Matthew’s background and experience fit the criteria we set out to fulfill in our hire of a new CEO. He has a proven track record of leading, improving and growing the organizations he oversees. Matthew was the enthusiastic and unanimous selection.”
Mr. Sutton holds his bachelor’s degree in chemical engineering from the University of New Hampshire and has had a passion for the environmental segment from an early age. His professional experience follows this passion. An experienced global environmental industry leader, Mr. Sutton brings over 30 years of senior executive experience from the world’s top environmental, engineering and consulting firms. These include President of CH2M’s environmental and nuclear management business, Chief Executive of global environmental services at AECOM, and Executive Vice President of Arcadis Environmental. He also served as the Senior Vice President of ehsAI, an environmental, health and safety compliance AI startup and most recently as President and Chief Executive Officer of Matrix Solutions, an environmental and engineering consulting firm.
About Charah Solutions, Inc.
With more than 35 years of experience, Charah Solutions, Inc. is a leading provider of environmental services and byproduct recycling to the power generation industry. Based in Louisville, Kentucky, 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. Charah Solutions assists utilities and independent power producers with all aspects of sustainably 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, structural fill projects, power plant remediation and site redevelopment. For more information, please visit www.charah.com
About SER Capital Partners
SER Capital Partners is an independent, middle-market private equity firm dedicated to investing in North American sustainable industrial, environmental, and renewable businesses. Over the past two decades, its team members have amassed successful experience in its targeted sectors as private equity investors and senior executives at both private and public businesses. The firm’s strategy is to actively create attractive investments underpinned by critical assets while also authentically measuring and improving key sustainability metrics in line with the UN Principles for Responsible Investing. SER is also committed to aligning interests across its investors, team members, portfolio company management teams, and communities. More information is available at www.sercapitalpartners.com.
Contact
Steve Brehm
Charah Solutions
(502) 245-1353
[email protected]
and the Promotion of Safe Working Conditions in 2022
LOUISVILLE, KY (August 1, 2023) – Charah Solutions, Inc. (“Charah Solutions” or the “Company”), a leading provider of environmental services and byproduct recycling to the power generation industry, today announced that it has received a total of three prestigious safety awards from the North Carolina Department of Labor (NCDOL) for an outstanding record of employee safety in 2022. This is the eleventh year that Charah Solutions has been recognized by the NCDOL for its safety record.
Charah Solutions has been recognized for its safety record for the following projects:
• Duke Energy’s Allen Steam Station in Gaston County, NC for the ninth time;
• Duke Energy’s Mayo Plant in Person County, NC for the third time;
• Duke Energy’s Cape Fear Plant in Chatham County, NC for the second time.
This annual awards program, run by the NCDOL, recognizes private and public companies that achieve and maintain a high level of project and employee safety. All Charah Solutions sites received a Gold-Level Certificate of Safety Achievement, the state’s highest safety award, in recognition of the Company’s outstanding on-the-job safety and health efforts and the promotion of safe working conditions in 2022. The Gold Award is based on a days away, restricted, or transferred (DART) rate that is at least 50 percent below the statewide rate for the industry.
About Charah Solutions, Inc.
With more than 35 years of experience, Charah Solutions, Inc. is a leading provider of environmental services and byproduct recycling to the power generation industry. Based in Louisville, Kentucky, 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. Charah Solutions assists utilities and independent power producers with all aspects of sustainably 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, structural fill projects, power plant remediation and site redevelopment. As a sustainability leader, Charah Solutions is dedicated to preserving our natural resources in an environmentally conscious manner and is focused on developing innovative solutions for the betterment of the planet, the communities in which it operates and its customers. For more information, please visit www.charah.com.
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]]>LOUISVILLE, KY and REDWOOD CITY, CA / ACCESSWIRE / July 13, 2023 / Charah Solutions, Inc. (the Company) today announced the completion of its acquisition by funds managed by SER Capital Partners (SER), a private investment firm dedicated to sustainable investments, making it a portfolio company held by SER.
Sara Graziano, SER Partner & Investment Committee Chair, said, “We invest in people and businesses that contribute to a sustainable future. The Charah Solutions team shares our vision to realize this goal for itself and its customers. We are committed to continue its long-term success remediating environmental risks, recycling what was once considered unrecyclable, and delivering innovative and advanced environmental solutions. We look forward to working closely with Charah’s outstanding management team and nearly six hundred employees, to serve its many customers.”
Charah Solutions President and Chief Executive Officer Jonathan Batarseh added, “With its extensive utility industry experience and strategic and financial resources, SER is a great partner for Charah Solutions. As part of SER’s portfolio, we gain from its ongoing support and industry-leading offerings, which will enable us to provide even more value to our customers. I thank our many employees for their hard work and commitment to the Company. I am excited for the Charah team and our customers as we position the Company with the necessary resources to embark on a new chapter of growth and success at Charah Solutions.”
On April 17, 2023, the Company and certain affiliates of SER entered into an Agreement and Plan of Merger (the “Merger Agreement”) to acquire the Company for consideration of $6.00 per share of common stock. In addition, each issued and outstanding share of Series A preferred stock was redeemed at 100% of its liquidation preference plus all accrued and unpaid dividends thereon as of the effective time, and Series B preferred stock was redeemed at 100% of its liquidation preference. Stockholder approval was received on July 12, 2023, and all other closing conditions under the Merger Agreement have been met or waived.
The Company’s 8.50% Senior Notes due August 31, 2026 remain an obligation of Charah Solutions, as a wholly owned subsidiary of SER. Charah Solutions plans to adhere to the terms of and the obligations on the bonds, including the interest payments that are paid quarterly in arrears on January 31, April 30, July 31 and October 31.
Advisors in the transaction: Willkie Farr & Gallagher LLP and Houlihan Lokey represented the Company. SER was represented by Jones Day and Guggenheim Securities, LLC.
About SER Capital Partners
SER Capital Partners is an independent, middle-market private equity firm dedicated to investing in North American sustainable industrial, environmental, and renewable businesses. Over the past two decades, its team members have amassed successful experience in its targeted sectors as private equity investors and senior executives at both private and public businesses. The firm’s strategy is to actively create attractive investments underpinned by critical assets while also authentically measuring and improving key sustainability metrics in line with the UN Principles for Responsible Investing. SER is also committed to aligning interests across its investors, team members, portfolio company management teams, and communities. More information is available at www.sercapitalpartners.com.
About Charah Solutions, Inc.
With more than 35 years of experience, Charah Solutions, Inc. is a leading provider of environmental services and byproduct recycling to the power generation industry. Based in Louisville, Kentucky, 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. Charah Solutions assists utilities and independent power producers with all aspects of sustainably 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, structural fill projects, power plant remediation and site redevelopment. As a sustainability leader, Charah Solutions is dedicated to preserving our natural resources in an environmentally conscious manner and is focused on developing innovative solutions for the betterment of the planet, the communities in which it operates and its customers. For more information, please visit www.charah.com.
]]>Under the proposed transaction, SER would acquire all of the issued and outstanding shares of common stock of Charah Solutions for a consideration of $6.00 per share which represents a 134% premium of the Company’s 20-day volume-weighted average price of $2.56 as of April 14, 2023. In addition, all issued and outstanding shares of Series A preferred stock would be redeemed at 100% of its liquidation preference, and Series B preferred stock would be redeemed at 100% of its liquidation preference. The Company’s 8.50% Senior Notes due August 31, 2026 will remain outstanding after the closing of this transaction. Concurrently with the execution of the merger agreement, SER, Charah Solutions and Bernhard Capital Partners (“BCP”), the Company’s largest equity holder, entered into a voting and support agreement, pursuant to which BCP agreed to, among other things, vote its shares of capital stock in favor of the transaction.
Charah Solutions President and Chief Executive Officer Jonathan Batarseh stated, “We are proud to join the SER family. The SER team combines decades of utility industry experience at firms such as Vistra, Duke and Exelon to back best of breed companies that are delivering solutions today to address their sustainability and environmental needs. Our customers will benefit from combining our industry-leading offerings with SER’s forward-looking platform, long-term vision, and strategic resources. Our close to six hundred employees will also gain from our increased commitment and ability to ensure long-term career and growth opportunities.”
Sara Graziano, SER Partner & Investment Committee Chair, said, “Charah Solutions improves its customers’ communities by remediating environmental risks, recycling what was previously considered unusable, and delivering sustainable environmental solutions. Given our history in the power industry, we appreciate Charah Solutions’ strengths and reputation in the industry. We know that this reputation is a result of the dedication of Charah Solutions’ employees who come to work every day committed to safety, quality, and environmental stewardship. We are committed to Charah Solutions’ long-term success as a key partner to utilities and as a strong employer in communities.”
Batarseh concluded, “SER has significant experience in transforming businesses. We are confident that SER will be an excellent strategic and financial partner for Charah Solutions.”
Following the closing of the transaction the Company’s experienced leadership team will continue in their roles, advancing the Company’s focus on the safety of its team members and on providing an exceptional customer experience via its environmentally responsible, innovative, and customized solutions. Charah Solutions’ valued employees will remain employees of the Company under the new ownership structure.
Willkie Farr & Gallagher LLP and Houlihan Lokey are representing the Company. SER is represented by Jones Day and Guggenheim Securities, LLC. Kirkland & Ellis LLP represents Bernhard Capital Partners.
About SER Capital Partners
SER Capital Partners is an independent, middle-market private equity firm dedicated to investing in North American sustainable industrial, environmental, and renewable businesses. Over the past two decades, its team members have amassed successful experience in its targeted sectors as private equity investors and senior executives at both private and public businesses. The firm’s strategy is to actively create attractive investments underpinned by critical assets while also authentically measuring and improving key sustainability metrics in line with the UN Principles for Responsible Investing. SER is also committed to aligning interests across its investors, team members, portfolio company management teams, and communities. More is available at www.sercapitalpartners.com.
About Charah Solutions, Inc.
With more than 35 years of experience, Charah Solutions, Inc. is a leading provider of environmental services and byproduct recycling to the power generation industry. Based in Louisville, Kentucky, 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. Charah Solutions assists utilities and independent power producers with all aspects of sustainably 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, structural fill projects, power plant remediation and site redevelopment. As a sustainability leader, Charah Solutions is dedicated to preserving our natural resources in an environmentally conscious manner and is focused on developing innovative solutions for the betterment of the planet, the communities in which it operates and its customers. For more information, please visit www.charah.com or download our 2021 Environmental, Social and Governance (ESG) Report at charah.com/sustainability.
CONTACTS
SER Capital Partners
Gil Melman
(713) 304-2396
[email protected]
Charah Solutions Investor Contact
Joe Skidmore, CFO
Charah Solutions
(502) 245-1353
[email protected]
IR Agency Contact
Kirsten Chapman
LHA Investor Relations
(415) 433-3777
[email protected]
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,” “guidance,” 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 year ended December 31, 2021 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.
]]>Cubic Yards of Coal Combustion Residuals
LOUISVILLE, KY (October 27, 2022) – Charah® Solutions, Inc. (NYSE: CHRA), a leading provider of environmental services and byproduct recycling to the power generation industry, today announced that it has been awarded a pond closure by removal contract from a long-term utility partner for two ponds in Ohio. Charah Solutions continues to provide Remediation & Compliance Services at the site following the power plant’s recent retirement. Work for this new project has begun and is scheduled for completion before the end of 2022.
The closure by removal contract of the two ponds includes dewatering/water management, excavation of approximately 40,000 cubic yards of coal combustion residuals (CCR) and placement of the CCRs in an existing onsite lined landfill. Also included in the project scope is the replacement of clay in one of the basins in preparation for receipt of future site process waters along with full site stabilization and restoration.
“We are delighted to be awarded this additional project from our long-term partner,” said Scott Sewell, Charah Solutions President & CEO. “Charah Solutions has decades of proven experience and expertise to handle every regulatory, engineering and technical issue related to CCR ash pond closure and we are committed to meeting the evolving and increasingly complex needs of our utility partners and supporting their sustainability initiatives.”
About Charah Solutions, Inc.
With more than 35 years of experience, Charah Solutions, Inc. is a leading provider of environmental services and byproduct recycling to the power generation industry. Based in Louisville, Kentucky, 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. Charah Solutions assists utilities and independent power producers with all aspects of sustainably 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, structural fill projects, power plant remediation and site redevelopment. As a sustainability leader, Charah Solutions is dedicated to preserving our natural resources in an environmentally-conscious manner and is focused on developing innovative solutions for the betterment of the planet, the communities in which it operates and its customers. For more information, please visit www.charah.com or download our 2021 Environmental, Social and Governance (ESG) Report at charah.com/sustainability.
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, 2021, 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 Contacts
Jonathan Batarseh
Charah Solutions
(502) 245-1353
[email protected]
Kirsten Chapman
LHA Investor Relations
(415) 433-3777
[email protected]
Media Contact
Brad Mercer
PriceWeber Marketing
(502) 777-3308
[email protected]