on VEOLIA (EPA:VIE)
Veolia Secures $750M in Water Technology Contracts
Veolia, a leader in Water Technologies, has secured over $750 million in new contracts in the energy and semiconductor sectors. The firm's recent wins reflect its strategic focus on water technologies, with a significant $550 million contract in the U.S. semiconductor manufacturing sector. This involves a 16-year commitment to design, build, and operate a water treatment facility.
In San Francisco, Veolia is advancing wastewater treatment with a $34 million contract to convert biogas to biomethane, aiding local energy needs. Additionally, the company will implement sulfate removal technologies in Brazil and the UAE, enhancing offshore oil operations in a $170 million venture.
These strategic contracts affirm Veolia's position as a key player in water solutions for industrial production and energy sectors globally.
R. E.
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