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Energy Solutions
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, ac ...
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Virginia
Virginia, officially the Commonwealth of Virginia, is a state in the Mid-Atlantic and Southeastern regions of the United States, between the Atlantic Coast and the Appalachian Mountains. The geography and climate of the Commonwealth are shaped by the Blue Ridge Mountains and the Chesapeake Bay, which provide habitat for much of its flora and fauna. The capital of the Commonwealth is Richmond; Virginia Beach is the most-populous city, and Fairfax County is the most-populous political subdivision. The Commonwealth's population was over 8.65million, with 36% of them living in the Baltimore–Washington metropolitan area. The area's history begins with several indigenous groups, including the Powhatan. In 1607, the London Company established the Colony of Virginia as the first permanent English colony in the New World. Virginia's state nickname, the Old Dominion, is a reference to this status. Slave labor and land acquired from displaced native tribes fueled the ...
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Columbia, Maryland
Columbia is a census-designated place in Howard County, Maryland. It is one of the principal communities of the Baltimore–Washington metropolitan area. It is a planned community consisting of 10 self-contained villages. Columbia began with the idea that a city could enhance its residents' quality of life. Creator and developer James W. Rouse saw the new community in terms of human values, rather than merely economics and engineering. Opened in 1967, Columbia was intended to not only eliminate the inconveniences of then-current subdivision design, but also eliminate racial, religious and class segregation. Columbia proper consists only of that territory governed by the Columbia Association, but larger areas are included under its name by the U.S. Postal Service and the Census Bureau. These include several other communities which predate Columbia, including Simpsonville, Atholton, and in the case of the census, part of Clarksville. The census-designated place had a popula ...
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Lindsay Goldberg & Bessemer
Lindsay Goldberg (LGLLC) is an American private equity firm focused on leveraged buyout and growth capital investments in middle-market companies in such sectors as consumer products, commodity-based manufacturing, energy services, business services, healthcare, financial services, energy transmission and waste disposal. Synopsis LGLLC, which is based in New York City, was founded in 2001 by Alan Goldberg, who had previously served as chairman and CEO of Morgan Stanley Private Equity (later Metalmark Capital) and Robert Lindsay, who played a central role in the Bessemer Trust private equity business, serving most recently as Managing General Partner since 1991. Goldberg and Lindsay had worked together in the 1980s at Morgan Stanley. They were founding members of the private equity business in 1984. The firm has raised approximately $13 billion since inception, across four funds. The firm raised $2 billion for its first fund in 2002. In 2006, the firm completed fundraising for it ...
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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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Landfill
A landfill site, also known as a tip, dump, rubbish dump, garbage dump, or dumping ground, is a site for the disposal of waste materials. Landfill is the oldest and most common form of waste disposal, although the systematic burial of the waste with daily, intermediate and final covers only began in the 1940s. In the past, refuse was simply left in piles or thrown into pits; in archeology this is known as a midden. Some landfill sites are used for waste management purposes, such as temporary storage, consolidation and transfer, or for various stages of processing waste material, such as sorting, treatment, or recycling. Unless they are stabilized, landfills may undergo severe shaking or soil liquefaction of the ground during an earthquake. Once full, the area over a landfill site may be reclaimed for other uses. Operations Operators of well-run landfills for non-hazardous waste meet predefined specifications by applying techniques to: # confine waste to as small an area as ...
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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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Waste Control Specialists
Waste Control Specialists LLC (WCS) is a treatment, storage, & disposal company dealing in radioactive, hazardous, and mixed wastes. Developed and controlled by Texas billionaire investor Harold Simmons until his death at the end of 2013, the company was founded in Dallas, Texas in 1989 as a landfill operator, and awarded a unique license for disposal of low level radioactive waste in 2009. Its main operations are in Andrews County, Texas. J.F. Lehman & Company (JFLCO) acquired Waste Control Specialists LLC from Valhi, Inc. in January 2018. The acquisition represents JFLCO's fourth platform investment in the environmental and technical services sector. WCS also has a strategic partnership with J.F Lehman & Company portfolio company NorthStar Group Holdings, Inc., a leading provider of specialized environmental and technical services for commercial and government end markets, to support domestic electric utilities in safely decommissioning nuclear power generation sites. In partn ...
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Salt Lake Tribune
''The Salt Lake Tribune'' is a newspaper published in the city of Salt Lake City, Utah. The ''Tribune'' is owned by The Salt Lake Tribune, Inc., a non-profit corporation. The newspaper's motto is "Utah's Independent Voice Since 1871." History A successor to ''Utah Magazine'' (1868), as the ''Mormon Tribune'' by a group of businessmen led by former members of the Church of Jesus Christ of Latter-day Saints (LDS Church) William Godbe, Elias L.T. Harrison and Edward Tullidge, who disagreed with the church's economic and political positions. After a year, the publishers changed the name to the ''Salt Lake Daily Tribune and Utah Mining Gazette'', but soon after that, they shortened it to ''The Salt Lake Tribune''. Three Kansas businessmen, Frederic Lockley, George F. Prescott and A.M. Hamilton, purchased the company in 1873 and turned it into an anti-Mormon newspaper which consistently backed the local Liberal Party. Sometimes vitriolic, the ''Tribune'' held particular antipathy f ...
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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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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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Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc), i ...
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