Global Infrastructure SherpaInfraCapital sells Covanta Holding Corporation shares
USD20.3M
Deal Value
InfraCapital Partners LLP sold shares of Covanta Holding Corporation (NYSE:CVA) during Q3 2023.
Source Intelligence
KEY DETAILS
The purchase price represents an approximately 37% premium to Covanta's unaffected share price of $14.78 on June 8th , the day prior to initial media speculation of a transaction.
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Deal Size
EQT Infrastructure to acquire Covanta Holding Corporation, a global leader in Waste-to-Energy solutions, for $20.25 per share
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Location
MORRISTOWN, N.J.
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Announcement
July 14, 2021
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Expected Close
expected to close in the fourth quarter of this year
PARTIES MENTIONED IN SOURCE
E
EQT Infrastructure
buyer
"EQT Infrastructure to acquire Covanta Holding Corporation"
C
Covanta Holding Corporation
seller
"EQT Infrastructure to acquire Covanta Holding Corporation"
B
BofA Securities
advisor
"BofA Securities acted as financial advisor to Covanta"
D
Debevoise & Plimpton LLP
advisor
"Debevoise & Plimpton LLP provided legal counsel"
high quality
Enriched Feb 19, 2026
Timeline
Announced
Jan 5, 2024
Signed
Closed
Counterparts (2)
Market Context
This deal is part of the Waste-To-Energy sector in United States.
3
Waste-To-Energy deals
565
deals in United States
Source
www.prnewswire.com
1 of 3 Waste-To-Energy deals tracked this month · Updated daily