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Charah Solutions, a power plant support services provider, files for a $100 million IPO

May 18, 2018
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Charah Solutions, which provides maintenance services to coal-fired and nuclear power plants, filed on Friday with the SEC to raise up to $100 million in an initial public offering.

The Louisville, KY-based company was founded in 1987 and booked $527 million in sales for the 12 months ended March 31, 2018. It plans to list on the NYSE under the symbol CHRA. Charah Solutions filed confidentially on February 5, 2018. Morgan Stanley and BofA Merrill Lynch are the joint bookrunners on the deal. No pricing terms were disclosed.