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CVA LONG A DEAL WITH CHINA WAS ANNOUNCED

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NYSE:CVA   None
Why CVA? A small company that most never heard of, whose shares are just above $14 Read below:

Covanta Holding Corporation CVA recently announced that it has signed a concession agreement with Zhao County, China to build and operate Energy-from-Waste ("EfW") facility.

Covanta and a strategic local partner are the developer of the project, which is expected to provide sustainable waste solution. Construction of the project is expected to begin in early 2020 and is expected to be completed in less than two years. The project will have 1,200 tonnes per day waste processing capacity.

China aims to build nearly 600,000 tonnes per day of EfW capacity by the end of 2020. The country aims to double its installed capacity as of the end of 2025. China will continue to work on waste solution and has laid out plans for the next decade.

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