Covanta Holding Acquires Camden EfW facility New Jersey US

Covanta acquires ‘energy from waste’ facility in Camden, US

6:51 AM, 21st August 2013
Covanta Holding Business Acquisition News

MORRISTOWN, US: Covanta Holding Corporation, world leader in sustainable waste management and renewable energy, has acquired the Camden Resource Recovery Facility, a 1,050 tonne per day Energy from Waste (EfW) facility in Camden, New Jersey, US from a subsidiary of Foster Wheeler AG.

The Camden EfW facility provides sustainable waste management services to Camden County and surrounding communities. The facility’s attractive southern New Jersey location adds to Covanta’s extensive network of EfW facilities in the Northeast and Mid-Atlantic. In 2012, the Camden facility processed approximately 319,000 tonne of waste into more than 146,000 megawatt hours of clean, renewable electricity.

“We are excited to expand our portfolio of Energy-from-Waste facilities with this strategic and opportunistic acquisition. We have a strong track record of successfully integrating businesses and we look forward to welcoming new clients and employees into the Covanta family,” said Anthony Orlando, President and CEO, Covanta.

 

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