Fried, Frank, Harris, Shriver & Jacobson LLP

10/11/2021 | Press release | Archived content

EQT Infrastructure to Acquire Covanta

Fried Frank acted as counsel to BofA Securities as financial advisor to Covanta Holding Corporation (Covanta) in its US$5.3 billion definitive agreement to be acquired by EQT Infrastructure (EQT). Covanta provides sustainable waste and energy solutions. EQT is an investment organization with more than EUR€67 billion in assets under management across 26 active funds. The transaction is expected to close in the fourth quarter of 2021.

The Fried Frank team was led by corporate partner Roy Tannenbaum and included corporate partner Philip Richter and corporate associate Christian Abouchaker.