Enveniam will serve as lead project integrator for LIS Technologies’ planned laser-based uranium enrichment facility in Oak Ridge, Tennessee, a project the companies say represents a $1.38 billion investment and is expected to create more than 200 jobs.
LIS Technologies, which does business as LIST, announced its intent alongside Tennessee Governor Bill Lee to develop the facility on a 206-acre site formerly known as Duct Island, now renamed “LIST Island,” at the historic K-25 uranium enrichment plant location. The facility is described as the first of its kind in the U.S. and one of the largest nuclear-related investments in Tennessee history.
Enveniam, described as a BCP portfolio company with decades of nuclear engineering and operations experience, said it will coordinate project management, planning, licensing, design, construction, site readiness, operations readiness, and delivery. The company positions itself as an integrator of facilities, technology, suppliers, and operations from concept through commissioning, with a focus on meeting requirements and delivering on cost and schedule commitments.
Subject to licensing, permitting, and final investment decisions, LIST intends to begin site preparation and construction in 2026, with initial commercial operations targeted before 2030. The announcement follows LIST’s selection in the U.S. Department of Energy’s Low Enriched Uranium Enrichment Acquisition Program, and the companies said the project is intended to support growing demand for domestic enrichment tied to U.S. energy and defense needs.
KEY QUOTE:
“We are proud to play a key role in this historic investment and to help bring this transformative technology to life. This project represents a major step forward for U.S. energy independence and nuclear innovation, and we’re honored to support LIST in shaping a more secure and resilient domestic fuel cycle.”
Doug Freund, President And CEO, Boston Government Services; Executive Officer, Enveniam
