Announced
Completed
Financials
Tags
United States
Majority
Single Bidder
Waste and Disposal Services
Public
sustainable waste solutions
Acquisition
Cross Border
Private Equity
Friendly
Completed
Synopsis
EQT Partners, a global investment organization, completed the acquisition of Covanta, a provider of sustainable waste and energy solutions, for $5.3bn. "EQT and Covanta are proven business leaders who share a like-minded approach to environmental stewardship, and this acquisition aligns directly with EQT's thematic approach of investing in sustainable businesses that have a positive impact on society. EQT is excited to partner with the entire Covanta team and to invest in organizational, operational, and digital technology initiatives that will enhance Covanta's ability to provide sustainable solutions to growing waste challenges. As a responsible investor, EQT is committed to working with Covanta on transforming and supporting the energy transition and circular economy across its local communities," Alex Darden, EQT Partner.
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.