Veolia Appointed Operator of Ireland’s Largest Biomass Power Plant

Regulatory News:

Veolia Environnement (Paris:VIE):

Ireland - Energy

Veolia, through its subsidiary in Ireland Veolia Energy Services, has been awarded, by Mayo Renewable Power, the EUR 450 million-contract over 15 years to operate a biomass power plant in Killala, Co. Mayo, in Ireland.

The plant, which will be the largest independent biomass power plant in Ireland, will provide 42.5MW of Combined Heat and Power, enough electricity to power the equivalent of 68,000 homes. In addition to operating and maintaining the power production plant and the adjacent fuel processing plant, Veolia will also supply the total biomass fuel requirement for the facility. The plant will use similar technology to that applied at Veolia’s biomass facilities at Merritt and Fort St. James in British Colombia, Canada, which are among the largest plants in North America.

Moreover, the operations and maintenance contract will directly create 30 new jobs at the facility in Killala. The plant will be in commercial operation in mid-2017.

Estelle Brachlianoff, Senior Executive Vice President, Veolia UK and Ireland, said "This project marks a significant step on Ireland’s path towards developing sustainable energy solutions. We are looking forward to collaborating with our project partners to deliver best in class energy management for the successful delivery of this milestone project.”

Veolia has been operating in Ireland since 1990 and currently works with industry, commercial customers and public authorities to find solutions for the sustainable management of their resources. It employs 500 staff across its three business activities in water, waste management and energy.

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Veolia group is the global leader in optimized resource management. With over 179,000 employees* worldwide, the Group designs and provides water, waste and energy management solutions that 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 2014, the Veolia group supplied 96 million people with drinking water and 60 million people with wastewater service, produced 52 million megawatt hours of energy and converted 31 million metric tons of waste into new materials and energy. Veolia Environnement (listed on Paris Euronext: VIE) recorded consolidated revenue of €24.4 billion* in 2014. www.veolia.com

(*) 2014 pro-forma figures, including Dalkia International (100%) and excluding Dalkia France.

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