EnergySolutions (ES) Rises Atfer Winning Chinese Nuclear Contract

Shares of EnergySolutions, Inc. (NYSE: ES) were up nearly 4% in morning trading, a day after the nuclear services company announced that it had signed an important contract in China.

EnergySolutions won a contract from China Guangdong Nuclear Power Holding Corporation (CGNPC) to design and supply the solid waste systems and the liquid waste processing systems for two of the six reactor units of CGNPC's Yangjiang Nuclear Power Project.

EnergySolutions liquid waste processing systems will reduce the liquid effluent discharge from the nuclear plants to lower than one half of the current Chinese national standard.