Facebook LinkedIn Twitter Vimeo RSS

Authority signs 15-year operating extension for Central Pa. waste-to-energy facilities

By ,
The Lancaster Waste-to-Energy facility owned by the Lancaster County Solid Waste Management Authority.
The Lancaster Waste-to-Energy facility owned by the Lancaster County Solid Waste Management Authority. - (Photo / )

The Lancaster County Solid Waste Management Authority, owner of waste-to-energy facilities in Dauphin and Lancaster counties, has extended its working relationship with New Jersey-based Covanta.

The Susquehanna Resource Management Complex owned by the Lancaster County Solid Waste Management Authority in Harrisburg.
The Susquehanna Resource Management Complex owned by the Lancaster County Solid Waste Management Authority in Harrisburg. - ()

The two parties said today that they have signed a deal extending until 2032 Covanta's agreement to operate the authority's Lancaster Waste-to-Energy facility in Lancaster County and the Harrisburg incinerator, known formally as the Susquehanna Resource Management Complex.

Covanta is the largest annual expense for LCSWMA, authority spokeswoman Kathryn Sandoe said. LCSWMA is budgeting about $33 million this year in operations and maintenance for both facilities, she said.

The midstate facilities process around 700,000 tons of waste annually, according to LCSWMA.

The Lancaster facility processes about 1,200 tons of solid waste every day, enough to power 30,000 homes continuously. The Harrisburg facility processes about 800 tons daily, which generates about 23 megawatts of renewable energy for the state Capitol complex.

Covanta has operated the Lancaster facility since 1991. In 2007, it began operating the Harrisburg incinerator, which LCSWMA purchased in 2013 as part of the capital city's debt-recovery plan.

Harrisburg was on the brink of municipal bankruptcy and entered the state's Act 47 program for distressed municipalities at the end of 2010 largely because of debt woes tied to the incinerator.

Shares of Covanta are traded on the New York Stock Exchange under the ticker symbol CVA.

Also Popular on CPBJ

Jason Scott

Jason Scott

Jason Scott covers state government, real estate and construction, media and marketing, and Dauphin County. Have a tip or question for him? Email him at jscott@cpbj.com. Follow him on Twitter, @JScottJournal. Circle Jason Scott on .

Leave a Comment

test

Please note: All comments will be reviewed and may take up to 24 hours to appear on the site.

Post Comment
View Comment Policy

Comments

sally March 6, 2018 8:57 am

He did not know how to spoil his parents, ferragamo belt cheap why he was forced to get married. He did not know why this woman who should go its own way

Taylor February 21, 2018 5:04 am

So good to know that the companies have come up with a solution to make sure that they will be providing their help in managing the waste to energy conversion for a long term. Happy to hear that the new bond is going to be a great deal for waste management. click to read more

kelly January 25, 2018 2:08 am

We have been looking all for this snapchat hack that at this website has the tool to hack any account of snapchat.

close