Veolia Grows Biomass Leadership, to Operate Two Additional Projects in Georgia

Also extends contract to operate poultry litter facility in North
Carolina

BOSTON–(BUSINESS WIRE)–Veolia Energy Operating Services, LLC, a division of Veolia North
America, announced today it was selected by Georgia Renewable Power
(GRP) to operate and maintain three biomass-to-energy facilities.

As a result of this expanded relationship with GRP, Veolia will support
the startup and commissioning of the biomass projects located in
Lumberton, N.C., Carnesville, Ga., and Colbert, Ga. Veolia has been
operating the Lumberton plant for the past year under a short term
contract. The Lumberton plant uses both biomass and poultry litter for
fuel and has a long term power purchase agreement with Duke Energy.

The Georgia projects are both under construction and are expected to be
online and operating by mid-2019. Each is expected to have a generating
capacity of 66 Megawatts (MW) powered by converting biomass feedstock
into energy. Electricity produced by the plants will be purchased by
Georgia Power under long term power purchase agreements.

When complete, each facility will use approximately 500,000 tons of
biomass each year and employ 25 to 30 people.

“We’re excited to collaborate with GRP to operate and oversee the
startup and long term operations of these important renewable energy
facilities,” said John Gibson, president and COO of Veolia North
America’s Municipal & Commercial business. “These plants are excellent
examples of how renewable energy projects can deliver significant
economic and environmental benefits and demonstrate Veolia’s strength in
operating these plants efficiently and cost-effectively.”

“We’re excited to move forward with these biomass facilities and help
deliver cost-efficient sustainable energy to our customers,” said David
Shaffer, President and Chief Operating Officer of GRP. “We are pleased
to partner with Veolia to make these two new projects, as well as the
poultry litter facility in North Carolina, among the best in the
industry.”

About Veolia
Veolia group is the global leader in
optimized resource management. With over 163,000 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 2016, the Veolia group supplied 100
million people with drinking water and 61 million people with wastewater
service, produced 54 million megawatt hours of energy and converted 30
million metric tons of waste into new materials and energy. Veolia
Environnement (listed on Paris Euronext: VIE) recorded consolidated
revenue of €24.39 billion ($25.7 billion) in 2016. www.veolia.com

Contacts

Veolia North America
John Lamontagne, 617-943-8248
[email protected]