- Veolia Environnement (OTCPK:VEOEF, OTCPK:VEOEY) says it has won a £1B ($1.3B) contract to provide waste-to-energy services for 30 years to Hertfordshire in southern England.
- Veolia says the project will generate as much as 33.5 MW of electricity from 350K metric tons of waste that cannot otherwise be reused, recycled or composted each year.
- The contract is another sign that Veolia is undeterred by the U.K.’s decision to leave the EU, following a recent £338M waste management contract with the London Borough of Camden and other smaller agreements.