Document
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
________________________________________________________
FORM 8-K
________________________________________________________
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(D) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): February 13, 2018
________________________________________________________
COVANTA HOLDING CORPORATION
(Exact name of Registrant as Specified in Its Charter)
________________________________________________________
|
| | | | |
| | | | |
Delaware | | 1-06732 | | 95-6021257 |
(State or Other Jurisdiction of Incorporation) | | (Commission File Number) | | (I.R.S. Employer Identification No.) |
| |
445 South Street Morristown, New Jersey | | 07960 |
(Address of principal executive offices) | | (Zip Code) |
(862) 345-5000
(Registrant’s telephone number, including area code)
________________________________________________________
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
|
| |
o | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
|
| |
o | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12(b)) |
|
| |
o | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
|
| |
o | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
On February 13, 2018 Covanta Holding Corporation (“Covanta”) announced that Green Investment Group Limited (“GIG”) has closed on its investment in the Dublin waste to energy project. As an initial step of the joint venture announced on December 18, 2017, GIG agreed to invest €136 million for a 50% equity stake in the project. Covanta retains ownership of the remaining 50% of the project and will continue to operate and maintain the Dublin facility. Covanta initially expects to use the proceeds from the transaction to reduce debt outstanding. As projects in the joint venture’s combined UK development pipeline move to construction, the funds will be available to meet Covanta’s portion of project equity obligations.
For further information on these arrangements, see Covanta’ press release dated February 13, 2018 attached as Exhibit 99.1 hereto and incorporated by reference herein.
(c) Exhibits
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
Date: February 13, 2018
COVANTA HOLDING CORPORATION
(Registrant)
|
| | |
| | |
By: | | /s/ Timothy J. Simpson |
Name: | | Timothy J. Simpson |
Title: | | Executive Vice President, General Counsel and Secretary |
COVANTA HOLDING CORPORATION
EXHIBIT INDEX