Covanta Acquires Massachusetts-Based Globalcycle And Global Remediation Services, Advancing Expansion Into Highly Regulated New England Market
Covanta Acquires Massachusetts-Based Globalcycle And Global Remediation Services, Advancing Expansion Into Highly Regulated New England Market
01/05/23, 2:08 PM
Location
new york
Industry
sustainability
natural resources
energy
Building on a recent series of high-profile acquisitions, Covanta, a premier provider of environmental services for businesses and communities, today announced it is adding Globalcycle and Global Remediation Services to its stable of sustainable solutions. Acquiring these regional leaders in wastewater treatment, recycling and environmental services fast-tracks Covanta's expansion into the highly regulated New England market and advances the company's leadership in sustainable materials management. It also amplifies Covanta's ability to provide more last-mile sustainability solutions to remove unwanted byproducts and refuse and transform them into value-based materials. These additions bring Covanta's tally of acquisitions to seven under the direction of EQT Infrastructure, as it comes on the heels of the recent purchases of SGS Recovery, Frontier Fibers and Buffalo Fuel Corp., Miller Environmental Transfer, and Biologic Environmental Services and Waste Solutions.
Company Info
Location
New York, United States
Company info
Covanta is a world leader in providing sustainable waste and energy solutions. Annually, Covanta's modern Waste-to-Energy ("WtE") facilities safely convert approximately 21 million tons of waste from municipalities and businesses into clean, renewable electricity to power one million homes and recycle 600,000 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 www.covanta.com.