I'm and our last share demonstrated morning, call thank on following growth participate also strategy in executing we the Good success improvements quarter debt since to we've on reducing today. choosing you spoke anticipated. year. how Tony. this I’ll in for to And our operational the report second of our made everyone. delighted as Thanks, we've
leadership the team that spent how better considerable positioned has and become targets the shortly time XXXX objectives to work a I'll and and to accomplishments illustrate entire you beyond. achieve effort performance corporate in our of we’ve help Our describe results and reach our to will
briefly opportunities, results an and provide and a our I'll review initiatives, our business and on our on accomplishments, review developments, morning, technology current This our legislative update financial of of pipeline an recent significant update actions. regulatory including
for and and our I'll then discussion the quarter, XXXX transition guidance financing, to performance our into our financial Roger XXXX outlook. activities a the during dive call and deeper around
XX% of of quarter within driven Revenue environmental deemed to coupled compared the third Brickhaven compliant decrease as the of our and services of value in decrease projects a with completions remediation revenue from the Including in component won completion termination, of segment. primarily by project awarded resulting solutions XXXX, the the project XXXX.
and This maintenance to offset decline increase though due Revenue by outages overall net scope lesser in an nuclear increase of revenue also technical by within and a services overall to offerings. partially offerings. revenue an service extent, reduced services fewer from segment, byproduct our our a declined our was out sales fossil net partially in from offset
services of the the in contracts. project, revenue early our as solutions by decrease declined due remediation segment, of other well and roll-off the in profit and environmental Gross driven Brickhaven to the termination compliance
Along overall partially XXXX, quarter from net the with specific a profit offset from byproduct of issue sales. first related continuing to in by gross project losses increase one
the of fewer segment primarily maintenance technical and period. offset our outages and nuclear a higher by from However, partially gross service gross in increased due service fossil profit scope our profit to offerings, reduced outages
with our Brickhaven applied revolving location. our to customer we to agreed with to of loan $XX and early the the our contract of the settlement, consistent the related we proceeds termination Charah consistent communicated credit our agreement. or payment agreement connection reduction August of applied received announced the the pay term that On to our an $XX balance million Charah’s million previously prior XXXX, we with expectations XX, reached guidance, In with
Next, the approximately that now activities our Most several in million review year-to-date. of new a $XXX we growth the demonstrate I’ll success vital strategy. business during development accomplishments notably, pace on are awards in having quarter strong won
more million than in $XXX negotiation. we awards have under verbal currently Additionally,
contract total expanded as awards contracts, revenue the new winning well than base. approximately on is that as Our times ago include under contract year-to-date customer year period. have success our higher multiple four project rate extensions awards in based These
We our continued domestically on technology to both internationally. beneficiation ash utility make progress interest MPXXX and and from receive customers, keen
convert to customers. reduced excellent with safety into performance, our continued hope which our significantly employees consistent because total guidance. We for And soon. awards debt interest this we demonstrates receive we And our prior our award and to to and our commitment it's recognitions further
towards a our for contracts increased transitions faced have scope. challenging competing and quarters as few business We complexity with
we take believe that are However, positioning to of developments. current ourselves we advantage
more Charah and coal the ash. in I’ll We believe, decade. coming momentum Solutions a these player be are we solutions market the remediating and regulatory a for of to discuss responsibly well from elements detail. believe We environmental will benefit very over bit recycling positioned developments key
remediation to we store estimated require coal positioned billion XXXX those or rating remediation for EPA well the services. $XX we in mandated be believe, and ash a leading pounds landfill than are provider US. More opportunities ash in in closure And
significant ash regulatory recycling to driving trends plays also beneficiation and customer increasingly a We public needs is solutions, remediation see for creative where policy for role. continue of including
We us opportunity. beneficiation this continue well technology ash our on believe positions capitalize MPXXX to that to
awards been expect past there the increase over years, the of RFPs of delays periods. the we in to couple new Though have announcing business size coming utility over
end well four the and expect above the we year around above of by signed year the be total under contracts won Our submitted dollar the period. ago year-to-date ago bid to are times year. And period value
growth opportunities continue project increasing also our and of to Further, future These more upcoming weighted be segment. solutions environmental pending toward scope our complexity increasing heavily potential. opportunities are
We have here secured approximately new in $XXX million awards today.
awards in under have verbal more negotiation. Additionally, than currently million $XXX we
the expect continue We awards of verbal XXXX. during works into contractual the remainder conversion these to of
We and on to expect verbal of awards active year negotiation most record. year-to-date awards business under development in result combination the generated new our
write to that custom revenue potential. ability management business, believe, ideally market increasingly along our combine expand are with environment, to conducive regulatory we our proprietary With our technologies, generating positioned solutions our we beneficiation leading and to our ash a capabilities,
our will While growth to be safety, commitment focused significant opportunities. of are share intensely our profitable priority we a on capturing always highest
initiatives. provide update Next, developments on an our I’ll and technology
for MPXXX ash in continuing But ready environmentally demand and a market gain mix reception high concrete positive buildings, most It technology is stronger, to excites from concrete us and about the me it of an products friendly of beneficiation beneficial proprietary from more is customers. strong that into utility use to thermal manner. compelling as roads economical meeting is waste coal construction Our known transform enables durable what technology for the our making while to customers, purposes bridges. utility the this
in we their with customers this deploy And international discussions technology utility in businesses. holding are to technology. begin with to discussions interested also this customers are deploying We
have MPXXX growth initiative to been our rollouts expect than a key be technology we to business. slower the for While byproduct our previously driver technology anticipated, continue sales
methods, the in the prescriptive level. approaches closures that ash and at ash required state level a federal more a regulation trend We continue coal dictate that means see at pond for are to toward
customers more some States Virginia, ash utility like work rules we own Carolina, Carolina, quarters. expect are management with the already coal and new growth South Illinois, which Kentucky, the North proactively, have Indiana and plants and will proceeding coal states in to anticipated closure for in Missouri, contribute Oklahoma, their ash awards and coming developed other
issue prior for widespread much reporting discussion quarters, contamination plans to opportunities groundwater or provide could create disposal see concerns to environmentally we sites. in ash about growing issue, continue on and coal environmental of result reporting near friendly is in another The discussed of we've them Charah this potential example remediation that which plants, and at solutions. this As
in of based approach released location federal the approach. to change coal closure residuals from XXXX, that prompting proposed regulations a At clean Court CCR XXXX or to size-based has for due EPA amendments the combustion of the the the its Circuit to Appeals DC a level, criteria
determinations on than The closure final and ruling be could to by groundwater tonnage. contamination, period risk be means the rather waterways the established and end. a This year will underway, based current is
XXXX. unlined, this which brings to EPA units of requires the unlined also to to from that initiate and XXXX a soil-lined or Earlier and ash in rule, CCR month, CCR proposed the closure change include deadline October August additional stop impediments failing XXXX, to surface receiving closure and for XX the forward clay-lined XX revisions classification a
role. drive technologies increasingly more remediation creative expectation other and regulatory us to a beneficiation our recent We effective These strong ability where creative these and policy a bundle cost to plays with needs to including remediation puts believe, for public position proprietary approaches solutions. in our develop reinforce competitive and significant our trends for examples traditional solutions, customer
in potential been the regulatory compliance are to require contamination actions could developments in business. support their in our expanding water Also, key These about and plans. our other on utilities drivers deadlines, prompt further increase closure. of states concerns our to have of future approaching Growing clean ground likely focus pipeline opportunities developing confidence
our financial turn to review to over of With that, Roger I'll it a provide results.
