Covanta

Covanta has lost the contract with Bucks County Council to process its waste at its proposed new incinerator. To our knowledge, therefore, Covanta does not have any guaranteed revenue stream around which to build its business case. In theory there is no reason why it shouldn't continue with it its application to the Infrastructure Planning Commission for permission to build the Rookery plant and it says it will do so - and continue to look for business partners. But the long term prospects have dimmed somewhat.