Covanta Environmental Solutions Acquires Material Processing Facility in Augusta, Georgia
MORRISTOWN, N.J. - Covanta (NYSE: CVA), a world leader in sustainable waste and energy solutions, today announced that its subsidiary, Covanta Environmental Solutions, has acquired a material processing facility in Augusta, GA from US Ecology, Inc. The facility provides non-hazardous waste solidification, shredding, water treatment and transportation services to commercial and industrial customers.
The acquisition will expand Covanta's existing network in the Southeast, complementing Covanta-operated Energy-from-Waste facilities in Florida and Alabama, as well as the company's material processing facilities in North Carolina.
"We are pleased to acquire an asset that enables us to enhance our portfolio of capabilities and solutions to meet the needs of customers throughout the Southeast," said Greg Russell, vice president and general manager, Covanta Environmental Solutions East Region.
Covanta Environmental Solutions offers comprehensive environmental services to companies seeking solutions to some of today's most complex environmental challenges. With a nationwide network of material processing and Energy-from-Waste facilities, Covanta Environmental Solutions enables customers to mitigate risk and reach their sustainability goals.
About Covanta
Covanta is a world leader in providing sustainable waste and energy solutions. Annually, Covanta's modern Energy-from-Waste facilities safely convert approximately 20 million tons of waste from municipalities and businesses into clean, renewable electricity to power one million homes and recycle approximately 500,000 tons of metal. Through a vast network of treatment and recycling facilities, Covanta also provides comprehensive industrial material management services to companies seeking solutions to some of today's most complex environmental challenges. For more information, visit covanta.com.
SOURCE Covanta
CONTACT: Media, James Regan, 862-345-5216, jregan@covanta.com; Investors, Alan Katz, 862-345-5456, IR@covanta.com
Web Site: http://www.covanta.com
