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Veolia Energy North America

veolianorthamerica.com

Founded Year

1984

Stage

Acquired | Acquired

Valuation

$0000 

About Veolia Energy North America

Veolia Energy North America, formerly TNAI, is a U.S. operator and developer of energy efficient solutions. The company is part of the Veolia Environnement companies in North America, with 30,000 North American employees providing sustainable environmental solutions in water management, waste services, energy management, and passenger transportation. Veolia Energy's parent company, Veolia Environnement (NYSE: VE and Paris Euronext: VIE), is the global standard for environmental services. TNAI, through its subsidiaries, The Trigen Companies, is a leader in combined heat and power generation, serving 1,100 customers in 11 cities from 22 central plants. Trigen's community energy systems generate steam, hot water, chilled water and electricity at central utility plants, and transmit these energy products to buildings served by a pipe distribution system. TNAI is owned by Thermal North America Holdings, a privately held company.

Headquarters Location

Cambridge, Massachusetts, 02141,

United States

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Latest Veolia Energy North America News

Veolia : Completes the Sale of Its District Energy Assets in the United States for USD 1.25 Billion to Antin Infrastructure Partners

Dec 30, 2019

0 Message : 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 View source version on businesswire.com: https://www.businesswire.com/news/home/20191230005246/en/ © Business Wire 2019

Veolia Energy North America Frequently Asked Questions (FAQ)

  • When was Veolia Energy North America founded?

    Veolia Energy North America was founded in 1984.

  • Where is Veolia Energy North America's headquarters?

    Veolia Energy North America's headquarters is located at Cambridge.

  • What is Veolia Energy North America's latest funding round?

    Veolia Energy North America's latest funding round is Acquired.

  • Who are the investors of Veolia Energy North America?

    Investors of Veolia Energy North America include Veolia Environment.

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