Covanta Stockholders Approve Proposed EQT Infrastructure Acquisition

MORRISTOWN, N.J., Oct. 12, 2021 /PRNewswire/ -- Covanta Holding Corporation ("Covanta") (NYSE: CVA), a world leader in sustainable waste and energy solutions, announced that at a special meeting of its stockholders held today, its stockholders voted to approve the previously announced acquisition of Covanta by EQT Infrastructure ("EQT") for $20.25 per share in cash, pursuant to the Agreement and Plan of Merger dated July 14, 2021 (the "Merger Agreement").

A total of 92,719,309 shares of the Company's common stock were voted in favor of the proposal to adopt the Merger Agreement, representing approximately 69.7% of the Company's issued and outstanding shares of common stock and approximately 97.5% of the shares voted at the special meeting. The final voting results will be filed with the Securities and Exchange Commission in a Current Report on Form 8-K.