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Thursday
Jun222017

DOJ Wins Stop To $367M Merger Of Radioactive Waste Firms; NRC suspends licensing proceeding on WCS CISF

A Delaware federal judge on Wednesday blocked the $367 million merger of EnergySolutions Inc. and Waste Control Specialists LLC, siding with the U.S. Department of Justice in the government's bid to enjoin the deal on antitrust grounds. [This story was broken by Law360 Environmental. The remainder of the article is behind a pay wall.]

WCS had hoped EnergySolutions -- its competitor in "low-level" radioactive waste dumping -- could take it over, which would allow for the resumption of U.S. Nuclear Regulatory Commission (NRC) licensing proceedings on WCS's proposal to construct and operate a centralized interim storage facility (CISF) for 40,000 metric tons of commercial irradiated nuclear fuel in Andrews County, TX. This court ruling appears to have dealt a severe blow to those plans.

By coincidence, the NRC Commissioners just affirmed their vote, at around 2pm Eastern on Thursday, June 22nd, to approve the combined request by WCS, NRC staff, and even opposing environmental groups (including Beyond Nuclear), to suspend the CISF licensing proceeding. See the NRC Commissioners' ruling, SEED Coalition's response to the court ruling, and news coverage: More.