Covanta Secures Five-Year Extension

Covanta Holding, an operator of waste-to-energy facilities, said Tuesday that it has entered into a new agreement with the Delaware County Solid Waste Authority for sustainable waste disposal at the Covanta Delaware Valley Energy-from-Waste facility located in Chester, Pennsylvania.

The new five-year agreement continues a 25-year partnership between the company and Delaware County under which the Covanta Delaware Valley facility processes 3,500 tons of municipal solid waste per day into 80 megawatts of renewable energy. Shares were almost 1% lower in recent midday trade.

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