Covanta And EQT Infrastructure To Create The Leading Sustainable Waste Solutions Provider, Driving Compelling Value For All Stakeholders
MORRISTOWN, N.J., Nov. 30, 2021 /PRNewswire/ -- Covanta Holding Corporation ("Covanta"), a world leader in sustainable waste and energy solutions, today announced the completion of its $5.3 billion acquisition by the EQT Infrastructure V fund ("EQT Infrastructure"), unveiling its strategy to become the most sustainable provider of waste solutions. Covanta today also announced the appointment of Azeez Mohammed as President & Chief Executive Officer.
- MORRISTOWN, N.J., Nov. 30, 2021 /PRNewswire/ -- Covanta Holding Corporation ("Covanta"), a world leader in sustainable waste and energy solutions, today announced the completion of its $5.3 billion acquisition by the EQT Infrastructure V fund ("EQT Infrastructure"), unveiling its strategy to become the most sustainable provider of waste solutions.
- "I am excited to lead Covanta during this very transformational time," said Azeez Mohammed, President and Chief Executive Officer at Covanta.
- Coupled with society's growing momentum toward decarbonization and pursuit of circular alternatives for managing waste, this creates a compelling value creation story.
- Under EQT's ownership, Covanta will continue to differentiate its service offerings, with a focus on innovation and sustainable energy."