Veolia Environnement (Euronext: VIE and NYSE: VE) today announced that it has transferred to Covanta Holding Corporation (NYSE: CVA) the operating contract for the Miami-Dade County Waste-to-Energy plant.
With this final transaction, Veolia Environnement has now completed the transfer to Covanta Holding Corporation of the portfolio of contracts for Waste-to-Energy plants in North America, the divestiture of which was announced on July 6, 2009, and in accordance with the announced financial terms.
This last transaction is included, for the year 2010, as part of the multi-annual program of disposals announced by the Veolia Environnement group on March 6, 2009.
