Williams Industrial gets OK to sell most assets to EnergySolutions

By Sarah Lizee

Olympia, Wash., Sept. 8 – Williams Industrial Services Group Inc. received court approval to sell most of its assets to stalking horse bidder EnergySolutions, according to an order filed Thursday with the U.S. Bankruptcy Court for the District of Delaware.

As previously reported, the purchase price is $60 million.

The assets represent the company’s nuclear, fossil, energy delivery and paper mill operations.

EnergySolutions is not acquiring the company's operations connected to its water contracts in Florida and Texas.

Atlanta-based Williams Industrial Services is a provider of infrastructure related services to blue-chip customers in energy and industrial end markets. The company filed bankruptcy on July 20 under Chapter 11 case number 23-10961.

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