Covanta Energy Corporation (NYSE: CVA), a world leader in sustainable waste management and renewable energy, today announced a new 20 year agreement with municipalities in the central Connecticut area, including Berlin. Covanta will provide sustainable waste disposal at the Bristol Resource Recovery Facility, in addition the agreement provides for bundled services including recycling, bulky waste disposal, e-waste recycling and the management of organics/composting.
The new agreement continues a long-term partnership between Covanta and the municipalities that make up the Bristol Resource Recovery Facility Operating Committee (BRRFOC) that began with the development and construction of the Bristol Resource Recovery Facility in 1988. The existing “service fee” agreement will end June 30, 2014 at which time the new “tip fee” agreement will commence. Under the new agreement, the BRRFOC municipalities will supply approximately half of the facility’s waste disposal capacity.
The Bristol Resource Recovery Facility processes approximately 650 tons of municipal solid waste per day into 16 megawatts of clean, renewable electricity – enough to power approximately 10,000 homes. Energy-from-Waste facilities like Covanta Bristol complement recycling efforts and reduce greenhouse gases by avoiding methane from landfills, offsetting greenhouse gases from fossil fuel electrical production and recycling metals.
Berlin Town Manager Denise McNair said “The last 25 years have been an excellent example of various and diverse communities working together for the betterment of their towns. The fact that most people are completely unaware of what happens to their trash once it leaves their front yard is a testament to how well things are run by Covanta. It makes our jobs that much easier to have a large issue like waste management handled so well.”