Covanta (NYSE: CVA) on May 14 announced the start of a new operating agreement with the Onondaga County Resource Recovery Agency (OCRRA) for the operations and maintenance of the Onondaga County Resource Recovery Facility in Jamesville, N.Y.
The new agreement recently went into effect following the successful financing of bonds by OCRRA and extends a partnership, which began in the early 1990s, for an additional 20 years.
“Covanta is very pleased to continue our long and cooperative partnership with Onondaga County and OCRRA,” said Joey Neuhoff, Covanta vice president of client business management. “The county and agency have established a world-class sustainable waste management system that is a true model to be emulated by communities in North America.”
Constructed in the mid-1990s, the Onondaga County Resource Recovery Facility includes a Energy-from-Waste (EfW) facility.The new agreement calls for investments and upgrades to systems at the EfW facility to ensure continued safe, reliable and efficient waste processing and energy production for many years to come. Covanta noted that the EfW facility was recognized as a Star worksite in the U.S. Department of Labor’s Occupational Safety and Health Administration’s (OSHA) Voluntary Protection Program (VPP).
Said the Covanta website about this plant: “The Onondaga County Resource Recovery Facility, operating as Covanta Onondaga, L.P., began commercial operation in February 1995. Covanta operates the facility for the Onondaga County Resource Recovery Agency, which controls the waste flow in the county, including the greater Syracuse region. The facility processes 990 tons per day of municipal solid waste, generating up to 39.5 megawatts (MW) of renewable energy that is sold to National Grid.”
Covanta bills itself as a world leader in providing sustainable waste and energy solutions. The Company’s 45 Energy-from-Waste facilities provide communities and businesses around the world with environmentally sound solid waste disposal by using waste to generate clean, renewable energy. Annually, Covanta’s modern Energy-from-Waste facilities safely and securely convert approximately 20 million tons of waste into clean, renewable electricity to power one million homes and recycle approximately 500,000 tons of metal.