SOURCE: EnergySolutions


June 23, 2009 18:00 ET

EnergySolutions Wins U.S. Department of Energy $19.2M Remediation Contract

SALT LAKE CITY, UT--(Marketwire - June 23, 2009) - EnergySolutions, Inc. (NYSE: ES) announced today it has been awarded a $19.2 million contract from the URS Corporation to cleanup the U.S. Department of Energy Separation Process Research Unit (SPRU) test facility in upstate New York.

EnergySolutions is teaming with the URS Corporation to perform the work at the facility in Schenectady, New York. The scope of work includes characterization, packaging, loading, transporting (rail), treatment and disposal of soil, debris and mixed waste.

"We appreciate the confidence the U.S. Department of Energy and URS has in EnergySolutions to perform remediation at the SPRU test facility," said Steve Creamer, CEO and Chairman of EnergySolutions. "We look forward to working with URS's Washington Division to ensure this site is safely and efficiently cleaned up."

Timeframe for the project is estimated at 24 months and will begin immediately.

EnergySolutions offers customers a full range of integrated services and solutions, including nuclear operations, characterization, decommissioning, decontamination, site closure, transportation, nuclear materials management, processing, recycling, and disposition of nuclear waste, and research and engineering services across the nuclear fuel cycle.

Statements in this news release may contain forward-looking statements that involve risks and uncertainties. Forward-looking statements provide current expectations of future events based on certain assumptions and include any statement that does not directly relate to any historical or current fact. Forward-looking statements are not guarantees of future performance and the Company's actual results may differ significantly from the results discussed in the forward-looking statements.

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