Profile: Veolia Environnement VE SA (VE.N)
Veolia Environnement VE SA, formerly Veolia Environnement, incorporated on November 24, 1995, is a provider of environmental management services, which include water and wastewater services, environmental services, energy services (excluding the production, trading and sale of electricity, other than production through co-generation) and transportation services. The Company’s clients include a range of public authorities, industrial and commercial services customers, and individuals worldwide. Its operations are conducted through four divisions: water, environmental services, energy services and transportation. Its principal operating subsidiaries in each division include Veolia Eau Compagnie Generale des Eaux (water), Veolia Proprete (environmental services), Dalkia (energy services) and Veolia Transport (transportation). The Company provides drinking water to more than 80.4 million people and treat wastewater for 58.5 million people in the world, process nearly 68 million tons of waste. On October 1, 2008, the Company acquired Ridgeline Energy, which is engaged in the development of wind energy projects. On December 16, 2008, the Company sold the Clemessy and Crystal businesses in the Energy services division. In February 2010, the Company's subsidiary, Veolia Environmental Services North America Corp., completed the disposal of its American Energy-from-Waste business to Covanta Holding Corporation. In May 2010, Iride SpA announced that San Giacomo Srl, a wholly owned subsidiary of Iride Acqua Gas SpA, has purchased the shares owned in Mediterranea Delle Acque S.p.A. (MdA) by Veolia Eau Compagnie Generale des Eaux SA, a subsidiary of Veolia Environnement SA, equal to 17.1% of the share capital of MdA.
The Company offers household services directly to private individuals through its subsidiaries. These services include assistance and maintenance of privately owned water installations (located on private property after the water meter) and heating and gas installations. It offers its industrial and service sector customers a range of services, covering two environmental protection goals: providing customers with the utilities necessary for their industrial processes (steam, industrial heating and cooling, process water, demineralized water and compressed air) and optimizing consumption, and reducing the impact of their industrial processes on the environment, which includes treating effluents, recycling and recovering waste and maintaining durable and efficient waste elimination channels.
The Company, through Veolia Eau Compagnie Generale des Eaux, provides water and wastewater services for public authorities and industrial companies. It is also engaged in the design of technological solutions and the construction of infrastructure for the performance of its services, via its subsidiary Veolia Water Solutions & Technologies. Veolia Eau provides drinking water to more than 80.4 million people and supplies 58.5 million people with wastewater serves and manages more than 4,400 operating contracts.
Veolia Eau manages municipal drinking water and/or wastewater services on five continents. Contracts with public authorities are long-term and range from 10 to 20 years in length and up to 50 years under certain circumstances. These contracts take various forms to meet the needs of the public authority, and includes outsourcing contracts, public-private partnerships, concessions, build, operate and transfer contracts, design, build and operate contracts, and others. Veolia Eau provides integrated services that cover the entire water cycle. Its activities include the management and operation of large-scale customized drinking water plants, wastewater decontamination and recycling plants, drinking water distribution networks, and wastewater collection networks. Veolia Eau also manages customer relations, providing billing services and call centers.
Veolia Eau develops technical solutions and designs/builds the infrastructure necessary to providing water services on behalf of public authorities and industrial and service sector customers, through Veolia Water Solutions & Technologies. In addition, Veolia Water Solutions & Technologies, designs, assembles, manufactures, installs and operates modular standardized and semi-standardized equipment to treat water for municipal and industrial uses. Veolia Eau treats groundwater, surface water, brackish or seawater, wastewater and refined sludge.
The Company competes with Suez Environnement, Lyonnaise des Eaux (Suez), Saur (Seche), Acciona, Aqualia-FCC, Sacyr, ACS, ACEA, Gelsenwasser, RWE Group, American Water, United Water (Suez), Hyflux, Marubeni, Mitsui, Ranhill, General Electric and Siemens.
The Company, through Veolia Proprete, is engaged in waste collection, recycling and processing, and handles waste in all forms and at all stages of the waste cycle. Veolia Proprete manages liquid waste, solid waste, non-hazardous and hazardous waste (with the exception of nuclear waste) from collection to recovery, on behalf of both public authorities and industrial customers. Environmental services division furnishes waste management and logistical services, which include waste collection, waste processing, cleaning of public spaces, offices and factories, maintenance of production equipment, treatment of polluted soil, and management of waste discharge at industrial sites.
Veolia Proprete provides urban cleaning services in cities, including London, Paris, Alexandria, Singapore and Dresden. Veolia Proprete also provides mechanized street cleaning and building facade treatment services. Veolia Proprete offers cryogenic cleaning and reservoir cleaning services at refineries and petro-chemical sites. Veolia Proprete provides liquid waste management services that consist primarily of pumping and transporting sewer network liquids and oil residues to treatment centers.
Veolia Proprete provides decomposition services for waste products at treatment centers, such as electric and electronic products and fluorescent lamps. During the year ended December 31, 2008, Veolia Proprete processed nearly 67 million tons of waste in its sorting and recycling centers, composting units, hazardous waste treatment centers, incineration units and landfill sites. Veolia Proprete processes approximately 11.8 million tons of non-hazardous solid waste (consisting of urban waste) per year at its 77 waste-to-energy recovery and incineration plants. During the year ended December 31, 2008, Veolia Proprete processed approximately 37 million tons of non-hazardous waste in 154 landfill sites.
The Company competes with Suez Environnement, Waste Management and Republic Services Inc.
The Company conducts its energy services activities through Dalkia, a provider of energy services to companies and public authorities. Dalkia provides services relating to heating and cooling networks, decentralized energy production, thermal and multi-technical systems, industrial utilities, installation and maintenance of production equipment, integrated facilities management, and electrical services on public streets and roads. Dalkia operates urban heating and cooling networks. As of December 31, 2008, Dalkia managed 700 urban heating and cooling networks worldwide, particularly in the United States, France, the United Kingdom, Italy, Germany, Eastern and Central Europe, and the Baltic states.
Dalkia provides public, industrial and service sector customers with integrated energy services, including plant design, construction and improvement, energy supply, and plant management and maintenance. Dalkia provides facilities management services for industrial and service sector customers, such as business premises, corporate offices and health institutions. Together with Veolia Eau, Dalkia provides residential services to private individuals through Proxiserve, a joint subsidiary (energy/water services), including the maintenance of heating, air conditioning and plumbing systems, and meter-reading services.
The Company competes with ENEL, Vattenfall, Fortum, ATEL and EON.
The Company, through Veolia Transport, is a private operator of public transportation in Europe. Veolia Transport operates passenger transportation services on behalf of national, regional and local authorities. Veolia Transport operates a number of bus networks, suburban trains, tramways and metros, and provides customized transportation-on-demand services. Veolia Transport is engaged in designing, planning and operating services, managing personnel, providing drivers and ticket inspectors, marketing efforts and customer service, as well as the maintenance, cleanliness and security of vehicles and network stations. In urban areas, Veolia Transport provides interconnected bus, tramway, metro and train transportation services through a ticketing system coordinated by the principal transportation provider or transportation authority. Veolia Transport also offers services within networks managed by several different operators in urban areas, including, the Paris suburbs, Stockholm, Sydney and Dusseldorf. Veolia Transport also operates ferry services in tandem with its bus services in various urban areas.
The Company competes with Firstgroup, National Express, Stagecoach, Arriva, Go Ahead, Keolis, Transdev, Deutsche Bahn, RATP, SNCF, ComfortDelgro and MTRC.
Veolia Environnement VE SA
36-38, avenue Kleber