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CANBY, ORE., AWARDS LONG-TERM PARTNERSHIP FOR WATER TREATMENT SERVICES TO VEOLIA WATER
Experience Gives Veolia Water Edge
HOUSTON, Mar. 1, 2006 – Access to global water experience and expertise was the key driver in the Canby, Ore., Utility Board’s unanimous approval of a 10-year, $6.5 million water services contract to Veolia Water North America – West LLC (Veolia Water).
The public-private partnership calls for Veolia Water to manage the utility’s water treatment system that serves approximately 15,000 people. The water treatment system includes a 6 million-gallon-per-day treatment plant, storage tanks, intake, sludge lagoons and related facilities.
“Our extensive service record and comprehensive facility management program convinced Canby Utility to select Veolia Water,” said Chibby Alloway, president, Veolia Water North America – West LLC. “Our customized operating plan developed for their system will ultimately lead to lower overall costs, greater asset life and improved reliability.”
Canby Utility General Manager Dirk Borges said, “Veolia Water’s expertise and depth of resources will provide Canby’s ratepayers tremendous value. This partnership gives us the ability to extract every benefit out of our systems while lowering our cost.”
Veolia Water North America is the leading provider of comprehensive water and wastewater services to municipal and industrial customers, providing services to approximately 15 million people in more than 600 communities. The company is part of Veolia Water, the No. 1 water company in the world, serving more than 110 million customers. Veolia Water is the Water Division of Veolia Environment (NYSE:VE and Paris Bourse: VIE), the largest environmental services company in the world, with more than 310,000 employees in about 80 countries and annual revenues of more than $36 billion. Visit the company’s Web site at www.veoliawaterna.com.
Company Information
Veolia Water North America is the leading provider of comprehensive water and wastewater services to municipal and industrial customers, providing services to approximately 15 million people in more than 600 communities. The company is part of Veolia Water, the No. 1 water company in the world, serving more than 110 million customers. Veolia Water is the Water Division of Veolia Environment (NYSE:VE and Paris Bourse: VIE), the largest environmental services company in the world, with more than 310,000 employees in about 80 countries and annual revenues of more than $36 billion. Visit the company’s Web site at www.veoliawaterna.com. Important Disclaimer. Veolia Environnement is a corporation listed on the NYSE and Euronext Paris. This press release contains “forward-looking statements” within the meaning of the provisions of the U.S. Private Securities Litigation Reform Act of 1995. These statements are based on management’s current expectations or beliefs and are subject to a number of factors and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. These factors and uncertainties include in particular risks related to the ability of Veolia Environnement to complete its divestiture transactions as a result of customary conditions precedent and closing adjustments, as well as the risks described in the documents Veolia Environnement has filed with the U.S. Securities and Exchange Commission. Veolia Environnement does not undertake, nor does it have, any obligation to provide updates or to revise any forward-looking statements. Investors and security holders may obtain a free copy of documents filed by Veolia Environnement with the U.S. Securities and Exchange Commission from Veolia Environnement. |