San Onofre is one of the largest commercial nuclear plant
decommissioning projects in the United States
LOS ANGELES--(BUSINESS WIRE)--Dec. 20, 2016--
AECOM (NYSE:ACM), a premier, fully integrated global infrastructure
firm, and EnergySolutions, a nuclear waste management and
decommissioning services firm, announced today they have been selected
as the decommissioning general contractor for San Onofre Nuclear
Generating Station through their joint venture, SONGS Decommissioning
Solutions (SDS), by Southern California Edison (SCE).
The Decommissioning General Contract represents a significant portion of
the work required to safely decommission the San Onofre nuclear plant.
San Onofre is one of the largest commercial nuclear plant
decommissioning projects to date in the United States with an estimated
total cost of $4.4 billion including used fuel management, radiological
decommissioning and site restoration costs. The project is expected to
create about 600 new jobs over the 10-year dismantlement and
decontamination phase. The value of the contract will be included in
AECOM’s backlog for the first quarter of fiscal year 2017.
“We are proud to be selected for one of the largest and most technically
complex projects in the country, leveraging capabilities across all of
our segments to ensure the safe decommissioning of the San Onofre
nuclear plant,” said Michael S. Burke, AECOM’s chairman and chief
executive officer. “This win is a tremendous accomplishment for our
joint venture team with EnergySolutions, and underscores our
collective industry-leading expertise within a substantial global
nuclear market.”
“We are pleased to be a part of the team selected to decommission the
San Onofre Nuclear Generating Station and look forward to working with
AECOM to complete this project,” said Ken Robuck, President of Disposal
and Nuclear Decommissioning at EnergySolutions. “We are currently
decommissioning two nuclear power stations in Wisconsin and Illinois and
are uniquely qualified for decommissioning projects with
state-of-the-art facilities to process and dispose of waste that will be
generated throughout the course of this project.”
SDS combines more than 50 years of global decommissioning experience
between AECOM and EnergySolutions. The joint venture will be
responsible for the dismantlement and decontamination work, restoration
of the site and reduction of residual radioactivity to levels that allow
for future site use. Its project execution and waste disposal approach
will provide a seamless integration and predictable outcomes from the
site to disposal. The joint venture will adhere to California’s
regulatory and environmental requirements and is aligned with Southern
California Edison’s foundational principles of Safety, Stewardship and
Engagement.
Leveraging capabilities across its business segments, AECOM brings an
integrated project execution model that spans the removal of
contaminated components, systems and demolition of non-safety related
structures. The company has a proven track record providing
decontamination and decommissioning services around the world, including
its work at the U.S. Department of Energy’s Oak Ridge site.
EnergySolutions’ customers include commercial nuclear power
plants and other commercial and government nuclear facilities offering a
unique approach to this project with decades of experience in
decommissioning shutdown nuclear reactors, addressing the full life
cycle of radioactive and hazardous material generation from
characterization to off-site shipment for processing, volume reduction
and disposition. The company is currently in the demolition phase of
decommissioning the Zion Nuclear Power Station located in Zion, Illinois
and the La Crosse Boiling Water Reactor in La Crosse, Wisconsin.
About AECOM
AECOM is built to deliver a better world. We design, build, finance and
operate infrastructure assets for governments, businesses and
organizations in more than 150 countries. As a fully integrated firm, we
connect knowledge and experience across our global network of experts to
help clients solve their most complex challenges. From high-performance
buildings and infrastructure, to resilient communities and environments,
to stable and secure nations, our work is transformative, differentiated
and vital. A Fortune 500 firm, AECOM had revenue of approximately
$17.4 billion during fiscal year 2016. See how we deliver what others
can only imagine at aecom.com
and @AECOM.
About EnergySolutions
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. For additional information about EnergySolutions visit www.energysolutions.com.
AECOM Forward-Looking Statements: All statements in this press
release other than statements of historical fact are "forward-looking
statements" for purposes of federal and state securities laws, including
statements relating to San Onofre Nuclear Plant decommissioning contract
and the expected decommissioning costs as well as other future economic
and industry conditions. Actual results could differ materially from
those projected or assumed in any of our forward-looking statements.
Important factors that could cause actual results to differ materially
from our forward-looking statements are set forth in our annual report
on Form 10-K for the year ended September 30, 2016, and our other
reports filed with the U.S. Securities and Exchange Commission. AECOM
does not intend, and undertakes no obligation, to update any
forward-looking statements.
View source version on businesswire.com: http://www.businesswire.com/news/home/20161220005158/en/
Source: AECOM
AECOM
Media:
Brendan Ranson-Walsh, 212-739-7212
brendan.ranson-walsh@aecom.com
or
Investor
Relations:
Will Gabrielski, 213-593-8208
will.gabrielski@aecom.com
or
EnergySolutions
Media:
Mark
Walker, 801-649-2194
mwalker@energysolutions.com
