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Home > Company Index > Utilities > Independent Power Producers & Marketers > Covanta Energy Corporation

Covanta Energy Corporation
NYSE: COV
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 NEWS FROM THE WIRES
Covanta Energy files mixed shelf for up to $350 mln
Jul 17 2001 03:04 PM PDT

More WIRE STORIES about this company

 NEWS FROM THE STANDARD
Posts
Jul 12 1999 12:00 AM PDT

 PROFILE
Covanta Energy still powers up its customers, but it won't help transport or entertain them much longer. The company, formerly Ogden Corp., is putting all of its energy into the energy business and selling its aviation and entertainment operations. Covanta operates 64 power plants in the Americas, Europe, and Asia (2,550 MW of generating capacity). Although 37 of those plants are fueled by coal, gas, and other traditional means, the rest are waste-to-energy facilities that operate in the US. The company also provides water and wastewater services in the US. Covanta has sold most of its aviation assets and entertainment businesses, which included theme parks and facility management for sports venues.

 COMPETITION
The AES Corporation (AES)
International Power plc (IPR)
Orion Power Holdings, Inc. (ORN)

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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 984.70
1-Yr. Sales Growth: (1.0)%
Employees: 4,700
Revenue per employee: $209,510.64

 KEY PEOPLE
• Scott G. Mackin
    CEO
• Edward W. Moneypenny
    CFO

 CONTACT INFO
40 Lane Rd.
Fairfield, NJ 07004
US
Phone: 973-882-9000
Fax: -
Online: Web Site

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