Montrose Environmental Group Supports Transformation of Indigenous Land in Alaska
Montrose Environmental Group (NYSE: MEG) has been supporting Alaska Native Corporations (ANCs) in their efforts to revitalize contaminated lands. The company has assisted ANCs in securing and implementing $8 million of EPA Brownfield and Contaminated ANCSA Land Grants throughout 2023 and 2024. These grants aim to address legacy contamination issues on lands transferred to ANCs under the Alaska Native Claims Settlement Act of 1971.
Montrose's work involves leveraging its suite of services, including consulting, engineering, lab testing, and innovative technologies. A key project included helping Cook Inlet Region, Inc. and Tyonek Native secure a $3 million EPA grant for the restoration of the Iniskin Peninsula. The project aims to restore impacted areas for cultural, subsistence, and recreational use, while also developing reuse plans for renewable energy, resource extraction, and tourism.
Montrose Environmental Group (NYSE: MEG) ha supportato le Alaska Native Corporations (ANC) nei loro sforzi per rivitalizzare terre contaminate. L'azienda ha assistito gli ANC nel garantire e implementare 8 milioni di dollari di sovvenzioni EPA per Brownfield e terreni contaminati ANCSA nel corso del 2023 e 2024. Queste sovvenzioni mirano ad affrontare le questioni di contaminazione storica sulle terre trasferite agli ANC ai sensi dell'Alaska Native Claims Settlement Act del 1971.
Il lavoro di Montrose prevede l'uso della sua gamma di servizi, tra cui consulenza, ingegneria, test di laboratorio e tecnologie innovative. Un progetto chiave ha incluso l'assistenza a Cook Inlet Region, Inc. e Tyonek Native per garantire una sovvenzione EPA di 3 milioni di dollari per il restauro della Penisola Iniskin. L'obiettivo del progetto è ripristinare le aree interessate per usi culturali, di sussistenza e ricreativi, sviluppando anche piani di riutilizzo per energie rinnovabili, estrazione di risorse e turismo.
Montrose Environmental Group (NYSE: MEG) ha estado apoyando a las Alaska Native Corporations (ANC) en sus esfuerzos por revitalizar tierras contaminadas. La empresa ha asistido a las ANC en la obtención e implementación de 8 millones de dólares en subvenciones de tierras contaminadas y Brownfield de la EPA a lo largo de 2023 y 2024. Estas subvenciones tienen como objetivo abordar los problemas de contaminación histórica en tierras transferidas a las ANC bajo la Ley de Liquidación de Reclamaciones Nativas de Alaska de 1971.
El trabajo de Montrose implica aprovechar su paquete de servicios, que incluye consultoría, ingeniería, pruebas de laboratorio y tecnologías innovadoras. Un proyecto clave incluyó ayudar a Cook Inlet Region, Inc. y Tyonek Native a asegurar una subvención de 3 millones de dólares de la EPA para la restauración de la Península Iniskin. El proyecto tiene como objetivo restaurar áreas afectadas para uso cultural, de subsistencia y recreativo, además de desarrollar planes de reutilización para energía renovable, extracción de recursos y turismo.
Montrose Environmental Group (NYSE: MEG)은 알래스카 원주민 기업(ANC)의 오염된 토지 재활 노력에 지원하고 있습니다. 이 회사는 2023년과 2024년 동안 800만 달러의 EPA 브라운필드 및 오염된 ANCSA 토지 보조금을 확보하고 이행하는 데 ANCs를 지원했습니다. 이러한 보조금은 1971년 알래스카 원주민 청구 정산법에 따라 ANC에 이전된 토지에서 유산 오염 문제를 해결하는 것을 목표로 하고 있습니다.
Montrose의 작업은 컨설팅, 엔지니어링, 실험실 테스트 및 혁신 기술을 포함한 서비스 패키지를 활용하는 것을 포함합니다. 주요 프로젝트 중 하나는 Cook Inlet Region, Inc.와 Tyonek Native가 Iniskin 반도의 복원을 위해 300만 달러의 EPA 보조금을 확보하는 데 도움을 주었습니다. 이 프로젝트의 목표는 문화적, 생계 및 레크리에이션 사용을 위한 영향을 받은 지역을 복원하고, 재생 가능 에너지, 자원 추출 및 관광을 위한 재사용 계획을 개발하는 것입니다.
Montrose Environmental Group (NYSE: MEG) a soutenu les Alaska Native Corporations (ANC) dans leurs efforts pour revitaliser des terres contaminées. L'entreprise a aidé les ANC à obtenir et à mettre en œuvre 8 millions de dollars de subventions EPA pour les Brownfields et les terrains contaminés de l'ANCSA tout au long de 2023 et 2024. Ces subventions visent à traiter les problèmes de contamination historique sur les terres transférées aux ANC en vertu de la Loi de règlement des revendications des Natives d'Alaska de 1971.
Le travail de Montrose consiste à tirer parti de son ensemble de services, y compris le conseil, l'ingénierie, les tests en laboratoire et les technologies innovantes. Un projet clé a inclus l'aide à Cook Inlet Region, Inc. et Tyonek Native pour obtenir une subvention EPA de 3 millions de dollars pour la restauration de la péninsule d'Iniskin. Le projet vise à restaurer les zones touchées pour un usage culturel, de subsistance et récréatif, tout en développant des plans de réutilisation pour l'énergie renouvelable, l'extraction des ressources et le tourisme.
Montrose Environmental Group (NYSE: MEG) hat die Alaska Native Corporations (ANC) bei ihren Bemühungen unterstützt, kontaminierte Flächen zu revitalisieren. Das Unternehmen hat den ANCs geholfen, 8 Millionen Dollar an EPA-Brownfield- und kontaminierten ANCSA-Landzuschüssen im Laufe von 2023 und 2024 zu sichern und umzusetzen. Diese Zuschüsse zielen darauf ab, die historischen Kontaminationsprobleme auf den im Rahmen des Alaska Native Claims Settlement Act von 1971 übertragenen Flächen zu adressieren.
Die Arbeit von Montrose umfasst die Nutzung eines Dienstleistungsportfolios, das Beratung, Ingenieurwesen, Labortests und innovative Technologien beinhaltet. Ein Schlüsselprojekt bestand darin, Cook Inlet Region, Inc. und Tyonek Native zu unterstützen, eine 3-Millionen-Dollar-EPA-Zuwendung zur Wiederherstellung der Iniskin-Halbinsel zu sichern. Ziel des Projekts ist es, betroffene Bereiche für kulturelle, subsistenzielle und Freizeitnutzung wiederherzustellen und gleichzeitig Wiederverwendungspläne für erneuerbare Energien, Rohstoffabbau und Tourismus zu entwickeln.
- Secured and implemented $8 million in EPA grants for ANCs
- Assisted in obtaining a $3 million EPA grant for the Iniskin Peninsula restoration project
- Leveraging innovative technologies for site investigation and remediation
- Expanding services to support new $2 billion EPA grant program
- None.
Insights
The collaboration between Montrose Environmental Group and Alaska Native Corporations (ANCs) represents a significant step in addressing legacy contamination issues on Indigenous lands. The $20 million EPA program and Montrose's involvement in securing $8 million in grants demonstrate a substantial commitment to environmental remediation and community development.
The use of Conventional and Advanced Site Investigation and Remediation (CASIR) technologies is particularly noteworthy, as it suggests a more efficient and effective approach to brownfield restoration. This could lead to faster project completions and potentially more cost-effective solutions, benefiting both the environment and local economies.
The $3 million grant for the Iniskin Peninsula project with CIRI and TNC is a prime example of how these efforts can translate into tangible benefits, including cultural preservation, economic diversification through renewable energy and tourism and improved quality of life for Alaska Natives.
While this news is positive for Montrose's business prospects and corporate responsibility profile, investors should monitor the long-term impact on revenue and profitability, as well as the potential for similar projects in other regions, which could drive future growth.
The Alaska Native Claims Settlement Act (ANCSA) of 1971 included the transfer of 44 million acres of land to twelve regions and over 200 village ANCs. Some of these areas have been contaminated due to past activities like fuel storage, power generation, natural resource extraction, and were Formerly Used Defense Sites (FUDs). Currently, 1,278 sites are listed in the Contaminated ANCSA Lands Inventory, showing documented or potential contamination. In 2023, the United States Congress appropriated
Montrose has partnered with ANCs to help navigate the grant application and implementation process, securing and effectively utilizing funding to support assessment and cleanup solutions. Throughout 2023 and 2024, Montrose assisted ANCs with securing and/or implementing
- Leveraging Montrose's suite of services, including consulting and engineering, lab testing, treatment technologies and emergency preparedness; and
- Innovative "Conventional and Advanced Site Investigation and Remediation" (CASIR) technologies.
"Our work with Native and Indigenous communities is core to our values at Montrose," said Vijay Manthripragada, president and chief executive officer of Montrose Environmental Group. "We assisted our clients with delivering critical funding to their communities to address environmental issues. This will simultaneously restore tribal lands while providing new jobs, quality affordable housing and enhanced infrastructure and community services. Our work leveraged CASIR technologies to deliver transformative results in vulnerable communities."
A key project included assisting Cook Inlet Region, Inc. (CIRI), and Tyonek Native Corporation, Inc. (TNC) with a successful grant application for
Key outcomes of the project include:
- Restoration of impacted areas for enhanced cultural, subsistence and recreational use;
- Reuse plans that include renewable energy, resource extraction and travel and tourism; and
- Economic benefits for Alaska Natives and the regional economy.
Montrose continues to support ANCs with grant opportunities and the implementation of funding to revitalize brownfields and communities, including securing funding from EPA's new
About Montrose
Montrose is a leading environmental solutions company focused on supporting commercial and government organizations as they deal with the challenges of today and prepare for what's coming tomorrow. With ~3400 employees across 100+ locations worldwide, Montrose combines deep local knowledge with an integrated approach to design, engineering, and operations, enabling Montrose to respond effectively and efficiently to the unique requirements of each project. From comprehensive air measurement and laboratory services to regulatory compliance, emergency response, permitting, engineering, and remediation, Montrose delivers innovative and practical solutions that keep its clients on top of their immediate needs – and well ahead of the strategic curve. For more information, visit www.montrose-env.com.
Forward‐Looking Statements
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements may be identified by the use of words such as "intend," "expect", and "may", and other similar expressions that predict or indicate future events or that are not statements of historical matters. Forward-looking statements are based on current information available at the time the statements are made and on management's reasonable belief or expectations with respect to future events, and are subject to risks and uncertainties, many of which are beyond the Company's control, that could cause actual performance or results to differ materially from the belief or expectations expressed in or suggested by the forward-looking statements. Additional factors or events that could cause actual results to differ may also emerge from time to time, and it is not possible for the Company to predict all of them. Forward-looking statements speak only as of the date on which they are made, and the Company undertakes no obligation to update any forward-looking statement to reflect future events, developments or otherwise, except as may be required by applicable law. Investors are referred to the Company's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2023, for additional information regarding the risks and uncertainties that may cause actual results to differ materially from those expressed in any forward-looking statement.
Contacts
Montrose
Investor Relations:
Adrianne Griffin
(949) 988-3383
ir@montrose-env.com
Media Relations:
Sarah Kaiser
(225) 955-1702
pr@montrose-env.com
View original content to download multimedia:https://www.prnewswire.com/news-releases/montrose-environmental-group-supports-transformation-of-indigenous-land-in-alaska-302256559.html
SOURCE Montrose Environmental Group, Inc.
FAQ
What is Montrose Environmental Group's role in supporting Alaska Native Corporations?
How much funding has Montrose helped secure for Alaska Native Corporations?
What specific project did Montrose assist with for Cook Inlet Region, Inc. and Tyonek Native ?
What are the key outcomes of the Iniskin Peninsula restoration project supported by Montrose (NYSE: MEG)?
