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Stock Market & Financial Investment News

News Breaks
January 3, 2013
06:07 EDTCVA, CLNECovanta, Clean Energy partner to build natural gas stations
Covanta Energy (CVA) and Clean Energy (CLNE) announced an agreement to co-develop compressed natural gas stations at select Covanta facilities throughout the U.S. The two companies will work together to identify Covanta sites on which to construct CNG stations. Each station will provide compressed natural gas for a minimum of 30 refuse trucks a day and depending on the location, will be accessible to the public for CNG fueling. The two companies are currently evaluating Covanta sites throughout the country to build additional CNG stations.
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September 19, 2014
09:35 EDTCVACovanta commences construction of Dublin waste-to-energy facility
Covanta announced that it has executed an agreement with the Dublin City Council to build, own and operate a 600,000 metric tonne per year, 58 net megawatt Energy-from-Waste facility in Dublin, Ireland . The company also announced that it has achieved financial close on a comprehensive project financing package and plans to commence construction of the project immediately. Facility construction is expected to take approximately three years, with commencement of operations targeted for late 2017. The total investment in the construction of the facility will be approximately EUR 500M, funded by a combination of third party non-recourse project financing and project equity invested by Covanta. The third party project funding includes EUR 300M of project debt, representing approximately 60% leverage, and a EUR 75M convertible preferred investment by the energy infrastructure arm of First Reserve, one of the world's leading private equity and infrastructure investment firms in the energy sector.
September 17, 2014
16:31 EDTCVACovanta raises quarterly dividend to to 25c per share
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09:58 EDTCLNEClean Energy call activity attributed to takeover speculation
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09:45 EDTCLNERumor: Clean Energy strength attributed to takeover speculation
September 16, 2014
06:08 EDTCLNEClean Energy and Mansfield Energy form joint venture
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September 11, 2014
08:20 EDTCLNEClean Energy to fuel Bimbo Bakeriesí first natural gas trucks
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