August 20, 2009

1 Min Read
Covanta Holding Corp.

(parent company of Covanta Energy Corp.)

2010 Waste Age 100 Rank: 4*
Previous Rank: 4

Headquarters: Fairfield, NJ
CEO: Anthony J. Orlando
Public or Private: Publicly Traded
Stock Symbol: CVA
Founded: 1960
Employees: 4,100
Web site: www.covantaholding.com

Customers: Commercial/Industrial, Residential
Services: Transfer Stations, Landfills, Incineration/WTE

2009 Revenue: $1.55 bil.
2008 Revenue: $1.66 bil.
Projected 2010 Revenue: N/A

Data from the company's annual report.

Covanta Holding Corp. is the parent company of Covanta Energy Corp., which owns and operates more than 40 waste-to-energy (WTE) plants across the United States. Combined, Covanta's WTE produce 8,000 Gigawatts-hours of renewable electricity per year, which creates enough energy to power the homes in the city of Philadelphia.

Covanta Holding Corp. reached an agreement in early July with Chicago-based Veolia Environmental Services North America Corp. to purchase most of Veolia's WTE business for $450 million. The deal, which Covanta says will close by the end of 2009, includes seven WTE facilities located in California, Florida, New York, Pennsylvania and Canada.

Latest news on Covanta

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