URENCO USA Establishes Consulting and Advisory Company

EUNICE, N.M., Feb. 17, 2011 /PRNewswire/ -- URENCO USA today announced formation of URENCO USA Energy Services, LLC to provide consulting and advisory services to the nuclear industry.

URENCO USA Energy Services will assist the advancement of new nuclear construction projects by sharing the significant body of experience from the licensing, designing, permitting, constructing, and commissioning of the company's uranium enrichment facility in Eunice, NM.  

URENCO USA Energy Services, LLC will be located in Eunice, NM, and is the latest addition to the growing number of businesses selecting Lea County as home.

Brian Robinson, the new company's Chief Operating Officer, said, "We believe the future needs nuclear power to meet the demand for sustainable global energy. It is our responsibility to leverage our vast body of knowledge to assist in the efficient and safe expansion of nuclear-generated capacity."

The new company has already impacted new nuclear construction, with its first client, International Isotopes. "We are excited to be the first to contract with URENCO USA Energy Services and to benefit from their experience building and operating URENCO USA's enrichment facility in Eunice," said Steve Laflin, President and CEO of International Isotopes. "URENCO USA Energy Service's experience has already benefited our company in certain aspects of our licensing process.  We plan to expand our current agreement to continue the relationship and to benefit from their lessons learned as we work towards selection of our design and build contractors and firm up plans for the start of project construction in 2012."

Notes to editors:

LES / URENCO USA

LES, LLC is a wholly-owned subsidiary of URENCO Ltd.  The URENCO USA, New Mexico plant is the nation's most advanced uranium enrichment facility and will provide a secure domestic enrichment fuel supply source to U.S. nuclear energy companies for many years to come.

The URENCO Group

URENCO is an independent international energy and technology group with its head office based in Marlow in the United Kingdom. URENCO operates facilities in Germany, the Netherlands, the United Kingdom and New Mexico in the United States. It operates in a pivotal area of the nuclear fuel supply chain, which enables the sustainable generation of electricity for consumers around the world.

Utilizing its own world-leading centrifuge technology, URENCO provides safe, cost-effective and reliable uranium enrichment services for civil power generation within a framework of high environmental, social and corporate responsibility standards. Currently URENCO fulfils around 25 percent of the global enrichment market, and aims to establish itself as the leading global supplier of enrichment and enrichment technology.

SOURCE URENCO USA