Monday, Covanta Holding Corp. (CVA) completed its previously announced acquisition of a 3,000 ton per day operating contract in Miami-Dade County. Completing this final stage of the acquisition of Veolia's North American Energy-from-Waste business further enhances Covanta's position as the world leader in the development, ownership and operation of EfW facilities.
The company noted that the businesses acquired from Veolia consist of the operating contracts associated with six EfW businesses, ownership and operation of a seventh EfW facility located in Montgomery County, PA and one transfer station, also located in Pennsylvania. Each of the businesses acquired includes a long-term operating contract with the respective municipal client.
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