Veolia Completes the Sale of Its District Energy Assets in the United States for USD 1.25 Billion to Antin Infrastructure Par...
30 Décembre 2019 - 05:45PM
Business Wire
Regulatory News:
Veolia (Paris:VIE) regularly reviews its asset portfolio in
the light of its strategy and development plan. This review
reinforces the capacity and flexibility of the Group to position
itself on the best growth opportunities, where Veolia can bring the
most added value, and in coherence with the next strategic plan to
be presented early 2020. It is within this framework that Veolia,
through its subsidiary Veolia Energy North America Holdings, Inc,
has finalized today the sale of its district energy assets in the
United States to Antin Infrastructure Partners.
The portfolio comprises steam, hot and chilled water and
electricity production plants, including cogeneration, and 13
networks in 10 US cities. An investment fund dedicated to
infrastructure, Antin Infrastructure Partners has invested over 7
billion euros in 24 companies in 12 years of existence. Antin
Infrastructure Partners is notably the owner since 2018 of Idex,
which operates around 40 heating and cooling networks in
France.
...
Veolia group is the global leader in optimized resource
management. With over 171,000 employees worldwide, the Group
designs and provides water, waste and energy management solutions
which contribute to the sustainable development of communities and
industries. Through its three complementary business activities,
Veolia helps to develop access to resources, preserve available
resources, and to replenish them. In 2018, the Veolia group
supplied 95 million people with drinking water and 63 million
people with wastewater service, produced nearly 56 million megawatt
hours of energy and converted 49 million metric tons of waste into
new materials and energy. Veolia Environnement (listed on Paris
Euronext: VIE) recorded consolidated revenue of €25.91 billion in
2018 (USD 30.6 billion). www.veolia.com
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version on businesswire.com: https://www.businesswire.com/news/home/20191230005246/en/
Veolia Group Media Relations Laurent Obadia - Sandrine
Guendoul Tel.+ 33 1 85 57 42 16 sandrine.guendoul@veolia.com
Analysts & Investors Ronald Wasylec - Ariane de
Lamaze Tel. + 33 1 85 57 84 76 / 84 80
investor-relations@veolia.com
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