- Covanta Energy Corporation
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Covanta Holding Corporation 
Type Public (NYSE: CVA) Industry Renewable Energy/Waste Management Website covantaenergy.com Covanta Energy Corporation (former the Ogden Corporation) owns and operates worldwide over fourty new generation incinerators, often referred to in industry publications as waste-to-energy power generation plants. The company has been cited for numerous environmental infractions and labor violations during its history.[1][2] On July 14, 2011, the company paid $400,000 in fines for emitting unsafe levels of dioxin from its plant in Wallingford, CT.[3] It is a subsidiary of Covanta Holding Corporation, which is located in Morristown, New Jersey. The company's chairman is Sam Zell.
In 2004, Danielson Holding Corporation acquired Covanta for $30 million following the latter's filing of a Chapter 11 bankruptcy in April 2003. [4] Danielson owned the National American Insurance Company of California.[citation needed]
In the United States, Covanta processes over 5% of the nation's waste, and handles the waste disposal needs of 12 million people.[citation needed]
References
- ^ "DEP Fines Covanta for Air Permit Violations". http://easephaseone.com/dep-fines-covanta-for-air-permit-violations. Retrieved 18 August 2011.
- ^ "Covanta Charged with Numerous Illegal Actions by Labor Board". Campaign for Justice for Covanta Workers. Campaign for Justice for Covanta Workers. http://www.cjcw.org/. Retrieved 17 July 2011.
- ^ "Covanta, seeking NY renewable nod, pays $400,000 dioxin fine at Conn. trash-burn plant". http://timesunion.com/local/article/Covanta-seeking-N-Y-renewable-nod-pays-1921269.php. Retrieved 18 August 2011.
- ^ "Covanta Energy Corporation". Covanta Energy Corporation. FundingUniverse. http://www.fundinguniverse.com/company-histories/Covanta-Energy-Corporation-Company-History.html. Retrieved 17 July 2011.
External links
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