Veolia Renews Its Contract for Complete Water Management in Montería, Colombia for EUR 226 Million

Regulatory News:

The city of Montería, Colombia, has just renewed its trust in Veolia (Paris:VIE) by signing a contract with its subsidiary Proactiva Aguas de Monteria for the management of all the city’s water services. This contract, renewed for ten years from 2019, concerns a population of 540,000 and represents cumulative revenue of EUR 226 million.

Under this contract, the company will be responsible for the construction of a wastewater treatment plant to cover the needs of 100,000 residents. Veolia  will also extend the wastewater network in order to connect 100% of the population within two years, compared with the current 82%. Improving access to drinking water in the municipality of Montería will also necessitate the deployment of water pressure regulator stations and the operation of water distribution systems in rural areas.

The early renewal of this contract is confirmation of Veolia’s expertise and technical added value, and the Company’s ability to provide solutions to its customers’ needs. For the past 15 years, Veolia has been managing Montería’s drinking water distribution and wastewater services. Through its subsidiary in Monteria, Veolia has:

• extended the drinking water distribution network’s coverage from 58% to 100% of the city
• rolled out the wastewater network to which 82% of the population is currently connected
• increased access to drinking water to 24/24 from 6/24 prior to the start of the contract
• reduced technical and commercial losses from 70% to 25%.

Veolia has also helped Montería calculate its carbon footprint, enabling the city to draw up its "Montería Green City 2019” climate change master plan. Finally, the Veolia subsidiary in Montería supplies drinking water to more than 10,000 people living on the outskirts of the municipality under the "Piletas Públicas” social program.

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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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