Released under the GIC Framework
This Public-Private Partnership will allow Preservation of the Pristine Island Waters
Veolia Water, the Water Division of Veolia Environnement, announced today that it has been selected by the Government of the U.S. Virgin Islands to manage the wastewater treatment services of St.Thomas and St.Croix Islands.This is the first-ever public-private partnership awarded by the island officials, who chose Veolia Water North America (VWNA) to design, build and operate a new wastewater treatment facility on each island. This 20-year contract represents a total revenue of about 110 million euros.
Veolia Water was chosen due to its ability to preserve the highest quality level of the island waters, among the most pristine waters in the world, thanks to its proven technologies and years of operating expertise. The island officials had the opportunity to realize the benefits of a public-private partnership when VWNA mobilized its expert teams and technologies to respond to their urgent demand to repair the wastewater collection system and pump stations on St. Croix Island.
Through treatment of the waste stream, Veolia Water will help the territory meet the requirements of an agreement with the U.S. Environmental Protection Agency concerning ocean discharge.
"Just a few months have passed since we made the strategic decision to focus our U.S. activity on our core business of providing medium- and long-term water and wastewater treatment services to municipal authorities as well as industrial and service companies. This first contract awarded under the new Veolia Water North America name confirms the relevance of our approach to such a promising market. Our contract model, based on a long-term partnership, is truly adapted to the U.S. local authorities' needs", commented Antoine Frérot, Chief Executive Officer of Veolia Water