EnergySolutions, Inc. Awarded Additional Funding for the Global Nuclear Energy Partnership Program (GNEP)
2008-04-01 17:10:00
EnergySolutions, Inc. Awarded Additional Funding for the Global Nuclear Energy Partnership Program (GNEP)
SALT LAKE CITY, UT–( EMWNews – April 1, 2008) – EnergySolutions (
today that it has received additional funding from the Department of Energy
(DOE) to continue work under the cooperative agreement to perform GNEP
Deployment Studies. The additional funding increases the amount under the
existing contract and brings the total DOE funding for GNEP to
EnergySolutions to $13.2 million.
“We appreciate the confidence the Department of Energy has in
EnergySolutions by extending this contract,” said Steve Creamer, Chairman
and CEO of EnergySolutions. “The role of nuclear power is vital to the
future of energy in this country. This program is a step toward utilizing
our proven reprocessing technology to help secure our nation’s energy
future.”
Funding for this extension will be used to develop the conceptual design
and business operations of reprocessing facilities and establish scope,
schedule and priorities for the long-term advanced processes.
EnergySolutions’ GNEP Program team includes a broad group of team members
including The Shaw Group, Westinghouse Electric Company, Atomic Energy of
Canada Ltd, Booz Allen Hamilton, Nexia Solution, Nuclear Fuel Services and
Toshiba.
EnergySolutions offers customers a full range of integrated services and
solutions, including nuclear operations, characterization, decommissioning,
decontamination, site closure, transportation, nuclear materials
management, the safe, secure disposition of nuclear waste, and research and
engineering services across the fuel cycle.
Statements in this news release regarding future financial and operating
results and any other statements about the company’s future expectations,
beliefs or prospects expressed by management constitute forward-looking
statements within the meaning of the Private Securities Litigation Reform
Act of 1995. There are a number of important factors that could cause
actual results or events to differ materially from those indicated by such
forward-looking statements, including economic conditions generally.
Additional information on potential factors that could affect our results
and other risks and uncertainties are detailed in the company’s Form S-1
filed with the Securities Exchange Commission.
For additional information please contact: Mark Walker 801-231-9194 |
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