Davis Polk advised the representatives of the several underwriters in connection with the initial public offering of Charah Solutions, Inc., which consisted of 7,352,941 shares of common stock at $12.00 per share, for total gross proceeds of approximately $88.2 million. The common stock is listed on the NYSE under the symbol “CHRA.” 

Based in Louisville, Kentucky, Charah Solutions, Inc. is a provider of environmental and maintenance services to the power generation industry, with operations in coal-fired and nuclear power generation sites across the country.

The Davis Polk capital markets team included partners Richard D. Truesdell Jr. and Shane Tintle and associates Jennifer Ying Lan and Dorothy A. Hill. The environmental team included counsel Loyti Cheng and associates Michael Comstock and James A. Eland. The tax team included partner Po Sit and associate Gil Savir. All members of the Davis Polk team are based in the New York office.