Charah Solutions Awarded Pond Closure by Removal Contract from Long-Term Utility Partner

Work at Power Station in Ohio Includes Closure of Two Ponds and Excavation of Approximately 40,000 Cubic Yards of Coal Combustion Residuals

LOUISVILLE, KY / ACCESSWIRE / 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."