Covanta just announced that it has finished the first stage of its acquisition of Veolia’s North American energy-from-waste business. The 7 facilities involved in this stage include one in California, 2 in New York, 3 in Pennsylvania, and one in Canada. Each of the facilities acquired comes with a long-term contract for the energy produced with the associated municipal client.

Covanta expects to complete the acquisition this year by acquiring Veola’s operating contract for a … Read the rest