|Exchange:||New York Stock Exchange|
|Stock:||Covanta Holding Corporation|
|Covanta Holding Corporation was incorporated in Delaware on April 16, 1992. The Company is a developer, owner and operator of infrastructure for the conversion of waste to energy known as 'energy-from-waste', as well as other waste disposal and renewable energy production businesses. It conducts all of its operations through subsidiaries which are engaged predominantly in the businesses of waste and energy services. The Company has one reportable segment which is Americas and is comprised of waste and energy services operations primarily in the United States and Canada. It currently operates energy-from-waste projects in 16 states and one Canadian province, and is constructing an energy-from-waste project in a second Canadian province. The Company owns and operates seven wood-fired generation facilities and has a 55% interest in a partnership which owns another wood-fired generation facility. Six of these facilities are located in California, and two are located in Maine. The combined gross energy output from these facilities is 191 megawatts. It owns a 50% equity interest in two small run-of-river hydroelectric facilities located in the State of Washington which sell energy and capacity to Puget Sound Energy under long-term energy contracts. Outside the Americas segment, it presently has interests in international power projects in China and Italy, almost all of which are EfW projects. The Company intends to develop or participate in additional international projects, particularly energy-from-waste projects, where the regulatory and market environments are attractive. In 2010, the Company adopted a plan to sell its interests in its fossil fuel independent power production facilities in the Philippines, India, and Bangladesh. In 2011, it completed the following sales: its interests in a 510 MW (gross) coal-fired electric power generation facility in the Philippines; its majority equity interests in a 106 MW (gross) heavy fuel-oil fired electric power generation facility in Tamil Nadu, India; and its majority equity interests in its 106 MW (gross) heavy fuel-oil fired electric power generation facility, also in Tamil Nadu, India. The Company has a majority equity interest in a 24 MW (gross) coal-fired cogeneration facility in Taixing City, Jiangsu Province, People’s Republic of China. The Company's business activities in the United States are pervasively regulated according to federal, state and local environmental laws.|
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