Independent Power and Renewable Electricity Producers
Company Overview of Covanta Energy Corporation
Covanta Energy Corporation is a holding company which through its subsidiaries constructs, owns, and operates energy-from-waste and power generation projects. The company’s facilities convert municipal solid waste into renewable energy. It also operates independent power facilities in the United States, Asia, and Europe. The company was formerly known as Ogden Corporation and changed its name to Covanta Energy Corporation in March 2001. The company was incorporated in 1939 and is based in Morristown, New Jersey. As of March 10, 2004, Covanta Energy Corporation operates as a subsidiary of Covanta Holding Corporation.
445 South Street
Morristown, NJ 07004
Founded in 1939
Key Executives for Covanta Energy Corporation
Chief Operating Officer and Executive Vice President
Chief Sustainability Officer and Senior Vice President
Compensation as of Fiscal Year 2014.
Covanta Energy Corporation Key Developments
Covanta Energy Corporation Signs New Agreement with City of Boston for Sustainable Waste Disposal
Jul 15 14
Covanta Energy Corporation has announced a new agreement with the city of Boston for sustainable waste disposal. The five-year contract will send approximately 140,000 tons of waste per year to Covanta's Energy-from-Waste (EfW) facilities in Massachusetts. The new agreement begins July 1, 2014. This new contract term continues its current 14-year long standing partnership. By choosing energy-from-waste, the City is able to generate clean energy from solid waste and reduce greenhouse gas emissions that would have been created had they chosen to send their waste to landfills. Covanta's EfW facilities provide Massachusetts communities, including Boston, with an environmentally superior alternative to landfilling their municipal solid waste and generate enough electricity to power 120,000 homes in the state. Recovering energy from waste after efforts to reduce, reuse and recycle is a critical component of sustainable waste management. For every ton of municipal solid waste processed at EfW facilities, greenhouse gas emissions are reduced by the equivalent of approximately one ton. This is due to the avoidance of methane from landfills, the offset of greenhouse gases from fossil fuel electrical production, and the recovery of metals for recycling.
Covanta Energy Corporation Announces Partnership with Nine Western Massachusetts Municipalities
Apr 21 14
Covanta Energy Corporation announced a new partnership with nine Western Massachusetts municipalities for sustainable waste management services. The company will provide sustainable waste disposal at the Covanta Springfield Energy-from-Waste facility, in addition to other waste services. The company is the owner/operator of the Covanta Springfield Energy-from-Waste facility in Agawam where eight of the nine municipalities have disposed their municipal solid waste since the facility was built in 1988. The original eight municipalities, Belchertown, East Longmeadow, Granville, Greenfield, Longmeadow, Ludlow, Southwick and Wilbraham bonded with one additional community, Shutesbury and partnered with the company to reach a new agreement. The nine municipalities will send approximately 25,000 tons of municipal solid waste to the Covanta Springfield Energy-from-Waste facility which provides area communities with an environmentally superior alternative to landfilling and generates clean, renewable electricity for 5,000 homes. The company will also provide electronic waste recycling, organics recycling, secure medication and bulk waste disposal. The new agreement is slated to begin in July 2014 with an initial term of three years followed by mutual extension options.
Covanta Energy Corporation and Turning Earth, LLC Announce Partnership to Provide Organics Recycling to Connecticut Municipalities and Businesses
Oct 28 13
Covanta Energy Corporation and Turning Earth, LLC an integrated organics recycling company announced a new partnership to provide organics recycling to Connecticut municipalities and businesses. The 10-year agreement calls for Turning Earth to build, own and operate an integrated organics recycling facility in central Connecticut to which Covanta will divert organic waste for beneficial reuse in partnership with municipalities and commercial customers. Covanta and Turning Earth will explore future opportunities in the Connecticut and Massachusetts region. The facility will be powered by the Aikan(TM) Technology, a patented high solids anaerobic digestion (HSAD) and in-vessel composting system which converts organic waste streams into several valuable and environmentally beneficial products including renewable base load energy and high quality compost. Organic waste residuals provided by Covanta will come from Connecticut communities and businesses and will be comprised of yard waste, food waste and other organic waste streams. The facility will be powered by the Aikan(TM) Technology, a patented high solids anaerobic digestion (HSAD) and in-vessel composting system which converts organic waste streams into several valuable and environmentally beneficial products including renewable base load energy and high quality compost. Organic waste residuals provided by Covanta will come from Connecticut communities and businesses and will be comprised of yard waste, food waste and other organic waste streams.
Similar Private Companies By Industry
Recent Private Companies Transactions
|No transactions available in the past 12 months.|