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EnergySolutions
EnergySolutions (stylized as Energy''Solutions''), headquartered in Salt Lake City, Utah, is one of the largest processors of low level waste (LLW) in America, making it also one of the world's largest nuclear waste processors. It was formed in 2007 when Envirocare acquired three other nuclear waste disposal companies: Scientech D&D, BNG America, and Duratek. EnergySolutions has operations in over 40 states, with a licensed landfill to dispose of radioactive waste approximately west of Salt Lake City in Tooele County, Utah. It also operates a disposal site in Barnwell County, South Carolina. The company possesses the technology to convert waste into alternative material such as durable glass and is contracted by the United States Department of Energy to assist in waste conversion efforts. The company held the naming rights to the Utah Jazz home EnergySolutions Arena from November 20 2006 until October 26, 2015, when Vivint, a home security system provider based in Provo, Utah, acq ...
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Reactor Sites Management Company
EnergySolutions (stylized as Energy''Solutions''), headquartered in Salt Lake City, Utah, is one of the largest processors of low level waste (LLW) in America, making it also one of the world's largest nuclear waste processors. It was formed in 2007 when Envirocare acquired three other nuclear waste disposal companies: Scientech D&D, BNG America, and Duratek. EnergySolutions has operations in over 40 states, with a licensed landfill to dispose of radioactive waste approximately west of Salt Lake City in Tooele County, Utah. It also operates a disposal site in Barnwell County, South Carolina. The company possesses the technology to convert waste into alternative material such as durable glass and is contracted by the United States Department of Energy to assist in waste conversion efforts. The company held the naming rights to the Utah Jazz home EnergySolutions Arena from November 20 2006 until October 26, 2015, when Vivint, a home security system provider based in Provo, Utah, acq ...
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EnergySolutions Arena
Vivint Arena (stylized as vivint arena), formerly known as Delta Center, EnergySolutions Arena and Vivint Smart Home Arena, is an indoor arena located in Salt Lake City, Utah. The arena serves as the home venue for the National Basketball Association (NBA)'s Utah Jazz, and has been the home venue for other professional athletic teams, such as the Arena Football League's Utah Blaze and the Women's National Basketball Association (WNBA)'s Utah Starzz. It seats 18,306 for basketball, 14,000 for ice hockey and indoor football, and 20,000 for concerts. It also has 56 luxury suites and 668 club seats. Opened in 1991, the arena was known as the Delta Center, under a naming rights deal with Delta Air Lines, which has a hub at Salt Lake City International Airport. Salt Lake City-based EnergySolutions purchased the naming rights in November 2006, after Delta decided not to renew their 15-year contract due to filing for Chapter 11 bankruptcy the year prior. From 2006 to 2015, it was known ...
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Clive, Utah
The Clive Disposal Site is the site of a radioactive waste storage facility currently operated by EnergySolutions in Clive, Utah, an unincorporated community of Tooele County. It is located in the western portion of the state, close to the Dugway Proving Grounds. The site accepts depleted uranium, a material that takes millions of years to decay, and therefore requires special precautions and regulations. History The facility was built and operated by Envirocare from 1988 until its merger into EnergySolutions in 2007. Most of the radioactive waste from the decommissioning of the San Onofre Nuclear Generating Station is going to the Energy Solutions facility in Clive, Utah, and is being transported by rail. In 2020, major pieces of the San Onofre plant were transferred from rail to be moved by platform trailer trucks along 400 miles of highway. The 670-ton load was the heaviest ever hauled by road in the state of Nevada. Operation EnergySolutions sought permission in 2011 f ...
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BNFL
British Nuclear Fuels Limited (BNFL) was a nuclear energy and fuels company owned by the UK Government. It was a manufacturer of nuclear fuel (notably MOX), ran reactors, generated and sold electricity, reprocessed and managed spent fuel (mainly at Sellafield), and decommissioned nuclear plants and other similar facilities. It was created in February 1971 from the de-merger of the production division of the UK Atomic Energy Authority (UKAEA). Until 2003, its headquarters were at Risley, near Warrington, England. BNFL's headquarters were then moved to Daresbury Park industrial estate, also near Warrington. On 1 April 2005, BNFL formed a new holding company and started a rigorous restructuring process which would transfer or sell most of its entire domain, divisions. In 2005, it transferred all of its nuclear sites to the Nuclear Decommissioning Authority. It then sold its Westinghouse Electric Company subsidiary in February 2006. Later, BNFL sold the separate companies that ma ...
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Magnox
Magnox is a type of nuclear power/production reactor that was designed to run on natural uranium with graphite as the moderator and carbon dioxide gas as the heat exchange coolant. It belongs to the wider class of gas-cooled reactors. The name comes from the magnesium-aluminium alloy used to clad the fuel rods inside the reactor. Like most other " Generation I nuclear reactors", the Magnox was designed with the dual purpose of producing electrical power and plutonium-239 for the nascent nuclear weapons programme in Britain. The name refers specifically to the United Kingdom design but is sometimes used generically to refer to any similar reactor. As with other plutonium-producing reactors, conserving neutrons is a key element of the design. In magnox, the neutrons are moderated in large blocks of graphite. The efficiency of graphite as a moderator allows the Magnox to run using natural uranium fuel, in contrast with the more common commercial light-water reactor which re ...
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Low Level Waste
Low-level waste (LLW) or Low-level radioactive waste (LLRW) is nuclear waste that does not fit into the categorical definitions for intermediate-level waste (ILW), high-level waste (HLW), spent nuclear fuel (SNF), transuranic waste (TRU), or certain byproduct materials known as 11e(2) wastes, such as uranium mill tailings. In essence, it is a definition by exclusion, and LLW is that category of radioactive wastes that do not fit into the other categories. If LLW is mixed with hazardous wastes as classified by RCRA, then it has a special status as mixed low-level waste (MLLW) and must satisfy treatment, storage, and disposal regulations both as LLW and as hazardous waste. While the bulk of LLW is not highly radioactive, the definition of LLW does not include references to its activity, and some LLW may be quite radioactive, as in the case of radioactive sources used in industry and medicine. LLW includes items that have become contaminated with radioactive material or have become ...
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Salt Lake City
Salt Lake City (often shortened to Salt Lake and abbreviated as SLC) is the Capital (political), capital and List of cities and towns in Utah, most populous city of Utah, United States. It is the county seat, seat of Salt Lake County, Utah, Salt Lake County, the most populous county in Utah. With a population of 200,133 in 2020, the city is the core of the Salt Lake City metropolitan area, which had a population of 1,257,936 at the 2020 census. Salt Lake City is further situated within a larger metropolis known as the Salt Lake City–Provo–Orem Combined Statistical Area, Salt Lake City–Ogden–Provo Combined Statistical Area, a corridor of contiguous urban and suburban development stretched along a segment of the Wasatch Front, comprising a population of 2,746,164 (as of 2021 estimates), making it the 22nd largest in the nation. It is also the central core of the larger of only two major urban areas located within the Great Basin (the other being Reno, Nevada). Salt Lake C ...
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Naming Rights
Naming rights are a financial transaction and form of advertising or memorialization whereby a corporation, person, or other entity purchases the right to name a facility, object, location, program, or event, typically for a defined period of time. For properties such as multi-purpose arenas, performing arts venues, or sports fields, the term ranges from three to 20 years. Longer terms are more common for higher profile venues such as professional sports facilities. The distinctive characteristic for this type of naming rights is that the buyer gets a marketing property to promote products and services, promote customer retention and/or increase market share. There are several forms of corporate sponsored names. For example, a ''presenting sponsor'' attaches the name of the corporation or brand at the end (or, sometimes, beginning) of a generic, usually traditional, name (e.g. Mall of America Field at Hubert H. Humphrey Metrodome); or, a ''title sponsor'' replaces the origin ...
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Low Level Radioactive Waste
Low-level waste (LLW) or Low-level radioactive waste (LLRW) is nuclear waste that does not fit into the categorical definitions for intermediate-level waste (ILW), high-level waste (HLW), spent nuclear fuel (SNF), transuranic waste (TRU), or certain byproduct materials known as 11e(2) wastes, such as uranium mill tailings. In essence, it is a definition by exclusion, and LLW is that category of radioactive wastes that do not fit into the other categories. If LLW is mixed with hazardous wastes as classified by RCRA, then it has a special status as mixed low-level waste (MLLW) and must satisfy treatment, storage, and disposal regulations both as LLW and as hazardous waste. While the bulk of LLW is not highly radioactive, the definition of LLW does not include references to its activity, and some LLW may be quite radioactive, as in the case of radioactive sources used in industry and medicine. LLW includes items that have become contaminated with radioactive material or have become ...
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Salt Lake City, Utah
Salt Lake City (often shortened to Salt Lake and abbreviated as SLC) is the Capital (political), capital and List of cities and towns in Utah, most populous city of Utah, United States. It is the county seat, seat of Salt Lake County, Utah, Salt Lake County, the most populous county in Utah. With a population of 200,133 in 2020, the city is the core of the Salt Lake City metropolitan area, which had a population of 1,257,936 at the 2020 census. Salt Lake City is further situated within a larger metropolis known as the Salt Lake City–Provo–Orem Combined Statistical Area, Salt Lake City–Ogden–Provo Combined Statistical Area, a corridor of contiguous urban and suburban development stretched along a segment of the Wasatch Front, comprising a population of 2,746,164 (as of 2021 estimates), making it the 22nd largest in the nation. It is also the central core of the larger of only two major urban areas located within the Great Basin (the other being Reno, Nevada). Salt Lake C ...
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Leveraged Buyout
A leveraged buyout (LBO) is one company's acquisition of another company using a significant amount of borrowed money (leverage) to meet the cost of acquisition. The assets of the company being acquired are often used as collateral for the loans, along with the assets of the acquiring company. The use of debt, which normally has a lower cost of capital than equity, serves to reduce the overall cost of financing the acquisition. The cost of debt is lower because interest payments often reduce corporate income tax liability, whereas dividend payments normally do not. This reduced cost of financing allows greater gains to accrue to the equity, and, as a result, the debt serves as a lever to increase the returns to the equity. The term LBO is usually employed when a financial sponsor acquires a company. However, many corporate transactions are partially funded by bank debt, thus effectively also representing an LBO. LBOs can have many different forms such as management buyout (MBO), ...
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Citigroup
Citigroup Inc. or Citi (Style (visual arts), stylized as citi) is an American multinational investment banking, investment bank and financial services corporation headquartered in New York City. The company was formed by the merger of banking giant #Citicorp, Citicorp and financial conglomerate Travelers Group in 1998; Travelers was subsequently spun off from the company in 2002. Citigroup owns Citicorp, the holding company for Citibank, as well as several international subsidiaries. Citigroup is Delaware General Corporation Law, incorporated in Delaware. Citigroup is the List of largest banks in the United States, third largest banking institution in the United States; alongside JPMorgan Chase, Bank of America, and Wells Fargo, it is one of the Big Four (banking)#United States, Big Four banking institutions of the United States. It is considered a Systemically important financial institution, systemically important bank by the Financial Stability Board and is commonly cited as ...
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