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Suez Environnement Company SA Announces Details of EUR 1.2 Billion Contract in Marseille


Wednesday, 30 Oct 2013 08:00pm EDT 

Suez Environnement Company SA announced that on October 31, 2013, the District Council voted in favor of awarding the public sanitation concession for the District of Marseille, and for the neighboring districts of Allauch, Septemes-les-Vallons, Carnoux-en-Provence, Le Rove and the Gemenos Industrial Zone to Suez Environnement Company SA via its Lyonnaise des Eaux subsidiary. This contract includes the collection and treatment of waste water and the management of urban rainwater for around 900,000 residents in the Marseille Provence Metropole Urban District. The future public service sanitation contract, which will generate average annual revenues of EUR 80 million over a 15-year period The contract amounts to a total of EUR 1.2 billion over 15 years. 

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16.27
0.615 +3.93%
27 Aug 2015