Eqt infrastructure to acquire covanta holding corporation, a global leader in waste-to-energy solutions, for usd 5.3 billion

Stockholm, july 14, 2021 /prnewswire/ -- eqt is pleased to announce that eqt infrastructure has agreed to acquire covanta holding corporation ("covanta" or the "company") (nyse: cva), an owner and operator of waste-to-energy ("wte") facilities in north america. under the terms of the agreement, which was unanimously approved by covanta's board of directors, shareholders will receive usd 20.25 in cash per share of covanta's common stock in a transaction valued at usd 5.3 billion, including the assumption of covanta's net debt obligations.
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