By: Benzinga
December 05, 2012 at 08:01 AM EST
Covanta Acquires Site For $94M
Covanta Holding Corporation (NYSE: CVA ) announced that it has purchased the Delaware Valley Resource Recovery Facility located in Chester, Pennsylvania from GE Energy Financial Services ("GE EFS") for $94 million in cash. The transaction includes the acquisition of approximately $122 million cash collateral trust and the assumption of $64 million in facility project debt
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