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On the Record · Covanta Holding

Covanta Holding acquisitions, on the record

The businesses Covanta Holding bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.

Deals its annual reports describe

BusinessDealWhenValue
one environmental services business located in Toronto, Canada
Word for word“During the first quarter of 2018, we acquired one environmental services business located in Toronto, Canada for approximately $4 million, expanding the capabilities and client service offerings of our CES business in Canada.” 10-K for 2018
acquisitionDuring the first quarter of 2018approximately $4 million
Palm Beach Resource Recovery Corporation ("PBRRC")
Word for word“In September 2018, we acquired the Palm Beach Resource Recovery Corporation ("PBRRC") for $46 million .” 10-K for 2018
acquisitionIn September 2018$46 million
50% of our Dublin EfW facility (sold to joint venture with Green Investment Group Limited)
Word for word“In February 2018, GIG invested in our Dublin EfW facility, acquiring 50% ownership for €136 million, while we retained a 50% equity interest, through a joint venture, and retained our role as operations and maintenance ("O&M") service provider for the facility.” 10-K for 2018
divestitureFebruary 2018€136 million
Koma Kulshan (sale of equity interests)
Word for word“During the year ended December 31, 2018 , we recorded a $7 million gain on the sale of our equity interests in Koma Kulshan, a $204 million gain on the sale of 50% of our Dublin EfW facility to our joint venture with the Green Investment Group Limited and a $6 million gain on the sale of our remaining interests in China.” 10-K for 2018
divestitureDuring the year ended December 31, 2018$7 million gain
remaining interests in China
Word for word“During the year ended December 31, 2018 , we recorded a $7 million gain on the sale of our equity interests in Koma Kulshan, a $204 million gain on the sale of 50% of our Dublin EfW facility to our joint venture with the Green Investment Group Limited and a $6 million gain on the sale of our remaining interests in China.” 10-K for 2018
divestitureDuring the year ended December 31, 2018$6 million gain
EfW facilities in Pittsfield and Springfield, Massachusetts
Word for word“We divested our interests in the following: ◦ our EfW facilities in Pittsfield and Springfield, Massachusetts ◦ a transfer station in Wallingford, Connecticut; and ◦ a hydroelectric facility located in the state of Washington.” 10-K for 2019
divestiture——
a transfer station in Wallingford, Connecticut
Word for word“We divested our interests in the following: ◦ our EfW facilities in Pittsfield and Springfield, Massachusetts ◦ a transfer station in Wallingford, Connecticut; and ◦ a hydroelectric facility located in the state of Washington.” 10-K for 2019
divestiture——
a hydroelectric facility located in the state of Washington
Word for word“We divested our interests in the following: ◦ our EfW facilities in Pittsfield and Springfield, Massachusetts ◦ a transfer station in Wallingford, Connecticut; and ◦ a hydroelectric facility located in the state of Washington.” 10-K for 2019
divestiture——
Springfield and Pittsfield EfW facilities
Word for word“During the second quarter of 2019, as part of our ongoing asset rationalization and portfolio optimization efforts, we divested our Pittsfield and Springfield EfW facilities.” 10-K for 2019
divestitureDuring the second quarter of 2019—
Palm Beach Resource Recovery Corporation
Word for word“In September 2018, we acquired the Palm Beach Resource Recovery Corporation ("PBRRC") for $ 46 million .” 10-K for 2019
acquisitionIn September 2018$ 46 million
environmental services business located in Toronto, Canada
Word for word“During 2018 , we acquired one environmental services business located in Toronto, Canada, for approximately $ 4 million .” 10-K for 2019
acquisitionDuring 2018approximately $ 4 million
50% of our Dublin EfW to our joint venture with GIG
Word for word“During the year ended December 31, 2018, we recorded a $7 million gain on the sale of our equity interests in a hydroelectric facility, a $204 million gain on the sale of 50% of our Dublin EfW to our joint venture with GIG and a $6 million gain on the sale of our remaining interests in China.” 10-K for 2019
divestiture—$204 million gain
a portion of our interests in the construction phase Rookery EfW facility to our joint venture partner GIG
Word for word“$22 million cash received upon the sale of a portion of our interests in the construction phase Rookery EfW facility to our joint venture partner GIG.” 10-K for 2019
divestiture—$22 million cash received
Warren County, New Jersey EfW facility
Word for word“We ceased operations at our EfW facility in Warren County, New Jersey; and” 10-K for 2019
divestiture——
Pittsfield and Springfield WtE facilities
Word for word“During the second quarter of 2019, as part of our ongoing asset rationalization and portfolio optimization efforts, we divested our Pittsfield and Springfield WtE facilities.” 10-K for 2020
divestituresecond quarter of 2019—
As filedReported in the company's financial data (XBRL), each linked to its filing
Fiscal year endedCash paid for acquisitions (net of cash acquired)Goodwill from acquisitions
2016-12-31$9 million$1 million
2017-12-31$16 million$11 million
2018-12-31$50 million$8 million
2019-12-31−$2 million$0
2020-12-31$0—

Deal filings since 2016

Read from Covanta Holding’s annual reports (10-K for 2020, 10-K for 2019, 10-K for 2018) and the financial data it files with the SEC, as of 2021-02-19. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.