EQT Infrastructure-backed Covanta completed the acquisition of Biologic Environmental Services and Waste Solutions.

EQT Infrastructure-backed Covanta, a premier provider of environmental services, completed the acquisition of Biologic Environmental Services and Waste Solutions, a California-based environmental management firm. Financial terms were not disclosed. “As Covanta continues our transformation into North America’s sustainable materials management leader, we are excited to welcome Biologic Environmental Services to our rapidly growing team. Biologic’s seasoned talent brings over three decades of successful service and management experience, and a roster of respected customers, highlighting their impressive reputation and market positioning. Together, we will serve even more customers across the U.S. and expand Covanta’s geography as a one-stop-shop for sustainability-minded companies," Azeez Mohammed, Covanta President and CEO.