Centrus Energy
NYSE: LEU38Laggard· ProvisionalCentrus Energy is the only US producer of HALEU enriched uranium, operating the first new US-owned enrichment plant since 1954 at Piketon, Ohio, supplying fuel for advanced reactor programmes.
Why it's on ClimateTicker
Centrus Energy is a genuine nuclear fuel supply-chain enabler: its HALEU enrichment operation at Piketon, Ohio is a critical upstream input for advanced reactors that produce carbon-free electricity, making it a real, if indirect, climate-mitigation asset. However, Centrus itself is an industrial fuel processor with a legacy contamination liability (Portsmouth GDP site), no published SBTi-validated targets, no CDP disclosure, and essentially zero public ESG reporting — so the climate thesis rests almost entirely on the downstream impact of nuclear energy rather than on the company's own operational or governance credentials.
Controversy & Greenwashing Watch
A stockholder sued Centrus's board alleging the 4.99% ownership-trigger rights plan was not narrowly tailored to protect NOL carryforwards as required under Delaware law.source ↗
A personal injury complaint was filed against Centrus in 2023 in federal court in Ohio, related to prior cases connected to the Portsmouth centrifuge plant site.source ↗
Centrus and co-defendants were named in multiple class-action suits (2019–2023) by residents within a seven-mile radius of the Portsmouth GDP site alleging off-site contamination from historical enrichment operations.source ↗
Centrus settled a long-running breach-of-contract dispute with the U.S. Department of Energy in January 2018 for $24 million covering work performed between 2003 and 2011.source ↗
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