They have been working with a firm called Castle Placement to help them expand. From the above article they have been looking to purchase and might have already purchased a facility in Pittsfield,MA. What is intriguing about this is that there is another huge company in the same line of work with headquarters already in Pittsfield,MA.
With GEECF purchasing a facility in the same city as Covanta, it makes me wonder if there is a connection between the two that we don't know about yet. The waste to energy (WTE) sector is gaining momentum in its marketplace. This is not just in the U.S. but the entire world. Could be that someone knows something and was buying Friday. I'm just trying to connect some dots. I would definitely want to grab a ticket just in case some big news drops soon!!!