Covanta Energy expands and extends waste contracts
Fairfield, NJ— Covanta Energy
Corporation has announced the execution of contracts with Hillsborough
County, Florida to construct, operate and maintain an estimated
$106 million expansion to the Hillsborough County Solid Waste
Energy Recovery Facility (facility). Covanta’s subsidiary
constructed the facility and has been operating it since 1987.
Construction of the expansion should begin in mid to late 2006
once necessary permits are obtained by the County, with completion
expected within 28 months.
Covanta’s original 20-year
contract with the County to operate and maintain the facility
has also been amended to include the expansion and to extend the
contract for another 20 years during which Covanta will continue
to meet operating and environmental performance standards.
The Facility’s three boiler
units, utilizing the proprietary combustion grate and controls
technology of Martin GmbH, annually process over 372,000 tons
of residential and commercial solid waste generated in the county.
Waste is converted first to steam and then to electricity which
is sold to Tampa Electric Company. With the expansion, a fourth
boiler unit, also featuring Martin technology, will be added to
increase annual processing capability by approximately 190,000
tons of solid waste per year.