Charah Solutions Inc CHRA:NYSE

Last Price$2.53NYSE Closing Price as of 7:00PM ET 8/19/22

Today's Change-0.27(9.64%)
Bid (Size)$2.50 (3)
Ask (Size)$3.42 (5)
Day Low / High$2.41 - 2.76
Volume227.7 K

Charah Solutions Completes Sale of 80% of Texas Acreage for Undisclosed Terms

6:54AM ET 1/18/2022 MT Newswires
Charah Solutions (CHRA) said Tuesday it completed the sale of 80% of the property acreage in Texas acquired in February 2021 from the Texas Municipal Power Agency to a to a local investor group for undisclosed terms.

The investor group purchased 4,860 of the 6,166 acre area, including the 3,500 acre reservoir, dam and spillway.

A deal for the sale of the remaining 20% of the acreage, including the site's higher value commercial and infrastructure assets, is expected to be announced this year, according to the company.