Short answer
CENTRUS ENERGY CORP (LEU) filed an 8-K current report with the SEC on April 20, 2026 reporting Item 1.01 (Entry into a Material Definitive Agreement), Item EX-99.1 (Exhibit EX-99.1). Geiger Brothers named primary construction contractor for Centrus’s Piketon uranium-enrichment expansion.
CENTRUS ENERGY CORP 8-K event analysis
AI summary of each reported item and its exhibits
Item 1.01 · Entry into a Material Definitive Agreement
- Geiger Brothers named primary construction contractor for Centrus’s Piketon uranium-enrichment expansion
- Time-and-materials contract capped at $900 million, limiting maximum contractor spend
- Performance period extends through January 30, 2031, creating multiyear project execution commitments
- Work covers facility refurbishment, equipment installation, new infrastructure, and potential procurement services
- Contract advances the previously announced multi-billion-dollar expansion but leaves final spending dependent on future task releases
Item EX-99.1 · Exhibit EX-99.1
- Geiger Brothers selected as construction contractor for Centrus’ multi-billion-dollar Piketon enrichment expansion
- Fluor retains EPC responsibility while Geiger handles Ohio field construction, creating potential cost-mitigation efficiencies
- Expansion adds thousands of AC100M centrifuges to support Centrus’ $2.3 billion commercial LEU backlog
- Project targets at least 12 metric tons annually of HALEU capacity, strengthening domestic nuclear-fuel supply
- Geiger’s prior Centrus cascade experience may reduce execution risk and support schedule reliability
Generated from the filing text and exhibits; verify against the original. What 8-K item codes mean
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