Veolia Hong Kong & Macau

What Veolia Hong Kong & Macau does

Veolia Hong Kong & Macau (legal entity: Veolia Hong Kong Holding Limited, incorporated under the laws of Hong Kong) is the regional operating subsidiary of Veolia Environnement SA, a publicly listed French multinational (Euronext Paris: VIE) and one of the world's largest environmental services groups. From its Hong Kong headquarters at 40/F, One Taikoo Place, 979 King's Road, Quarry Bay, the entity delivers environmental management services across Hong Kong SAR and Macau SAR, with additional offices in Beijing and Shanghai supporting Greater China operations. The local team is small (approximately 24 employees), reflecting an asset-light operating model that relies on long-term enterprise contracts and capital-intensive Energy Performance Contracts (EPCs) rather than large direct workforces.

The company's service portfolio spans three integrated pillars: Energy (building energy performance optimization, next-generation district cooling systems, solar/renewable energy generation, full MEP solutions, and energy recovery from waste); Waste (sludge treatment, organic waste recycling, municipal waste management, chemical and clinical waste treatment, and Macau urban sanitation); and Water (municipal and industrial water and wastewater treatment delivered through the Veolia Group platform). A flagship recent deployment is an AI-powered occupancy-sensing building energy management system installed at Hong Kong University of Science and Technology under a 15-year EPC signed in July 2026 with Schneider Electric and Bouygues-Dragages as consortium partners.

Veolia HK & Macau operates a B2B enterprise sales motion targeting government bodies, local authorities, manufacturers, commercial property developers, and educational institutions. Revenue is generated through managed-services contracts, EPCs where Veolia finances upfront investment and recovers costs via verified energy savings, and strategic consortium arrangements under the Team France initiative (in coordination with the French Consulate and InvestHK). Named anchor customers include HKUST, the Macau Government (urban sanitation), Sun Hung Kai Properties, and CITIC Pacific. The entity functions less as an independent growth company and more as a regional delivery vehicle that converts the Veolia Group's global environmental services platform and French government-aligned decarbonization ecosystem into local Hong Kong and Macau contracts.

Name

Veolia Hong Kong & Macau

Legal name

Veolia Hong Kong Holding Limited

Website

https://veolia.hk

Company type

Public

Operating status

Operating

Headcount range

11–50 employees

Short description

Veolia Hong Kong & Macau is the regional subsidiary of Veolia Environnement SA (Euronext Paris: VIE), delivering water, waste, energy, and urban sanitation services to government, institutional, and commercial clients across Hong Kong and Macau through long-term managed services and Energy Performance Contracts.

Ownership category

akta.pro rank

Product category

Environmental Services

NAICS

Sewage Treatment Facilities (22132), Water Supply and Irrigation Systems (221310), Remediation and Other Waste Management Services (5629), Waste Treatment and Disposal (5622)

SIC

Electric, Gas & Sanitary Services (4900), Water Supply (4941), Sanitary Services (4950)

akta.pro primary industry

Water & Wastewater Infrastructure Asset Management (EUAEAMAH)

akta.pro secondary industries

Recycled Water Storage & Balancing Utilities (Reservoirs, Tanks, Equalization) (EUANAGAI), Multi-Utility Distribution Companies (Electric + Gas/Water Distribution) (EUADABAJ), Water Reuse & Reclamation Infrastructure Construction (Recycled Water Systems) (IMAFAGAH), Domestic Hot & Cold Water System Hygiene (Potable Water) (BPABAJAD)

Keywords

• Environmental services
• Waste management
• Water treatment
• Energy management
• District cooling

Headquarters

HQ city

Hong Kong

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Technology or R&D, Supply Chain, Marketing or Sales

Revenue model

1. Water Management Services: Municipal and industrial water treatment, wastewater treatment, and water reclamation services for government and commercial clients
2. Waste Management Services: Sludge treatment, organic waste recycling, municipal waste treatment, and hazardous/chemical waste management including clinical waste
3. Energy Management Services: Building energy performance optimization, MEP solutions, solar energy generation, and district cooling services
4. Urban Sanitation Services: Urban sanitation management including street cleaning and municipal services for Macau
5. Energy Performance Contracts (EPC): Performance-based contracts where Veolia finances upfront investment in energy efficiency upgrades and recovers costs through verified energy savings over contracted terms (e.g., 15-year term with HKUST)

Go-to-market motion1 record

Distribution channels1 record

Marketing channels6 records

Core offering

Veolia Hong Kong & Macau provides integrated environmental services spanning water management, waste management, and energy management for municipal, industrial, commercial, and institutional clients in Hong Kong and Macau. Offerings include building energy optimization, district cooling, solar/renewable energy generation, MEP solutions, sludge treatment, organic waste recycling, municipal and hazardous waste treatment, and urban sanitation services. The company delivers these via direct enterprise contracts and multi-year Energy Performance Contracts (EPC).

Product overview

Veolia Hong Kong & Macau is the regional subsidiary of Veolia Group, a global leader in ecological transformation. The company operates three interconnected service portfolios: Energy (building energy optimization, district cooling systems, solar/renewable energy, MEP solutions, energy recovery from waste), Waste (sludge treatment, organic waste recycling, municipal waste management, chemical/clinical waste treatment, urban sanitation for Macau), and Water management (offered through the broader Veolia Group). Rather than a single software product, Veolia HK offers integrated environmental services combining consulting, technology, and operations management to address water, waste, and energy challenges for municipal and industrial clients across Hong Kong and Macau.

Differentiator

Problem solved

Functional benefit

Products and services

• Optimizing Energy Performance of Buildings Building energy optimization services that improve energy efficiency and reduce consumption in commercial and residential properties for facility owners and operators.
• District Cooling System Next-generation district cooling systems providing centralized air conditioning services for buildings and districts, designed for property developers and operators.
• Sludge Treatment Treatment and processing of sludge from wastewater treatment facilities, converting waste into reusable resources for municipal and industrial clients.
• Municipal Waste Management Comprehensive management and treatment of municipal solid waste to minimize environmental impact for government authorities and municipalities.
• Chemical and Clinical Waste Treatment Safe treatment and disposal of chemical and clinical/hazardous waste from healthcare and industrial sources for hospitals, clinics, and industrial operators.
• Organic Waste Treatment and Recycling Recycling and processing of organic waste, including food waste, into valuable resources for commercial, institutional, and municipal clients.
• Solar Energy / Renewable Energy Generation Solar energy and renewable energy generation services for commercial and industrial applications, including solar farm projects.
• Macau Urban Sanitation Management Urban sanitation and street cleaning services for Macau, including waste collection and street sweeping, delivered to the Macau Government.
• Full MEP Solutions Comprehensive Mechanical, Electrical, and Plumbing (MEP) engineering solutions for buildings and infrastructure projects for developers and operators.
• Energy Recovery from Waste Converting waste materials into energy through waste-to-energy technologies, reducing landfill dependency for municipal and industrial waste producers.
• Waste Management Optimization Consulting and optimization services for waste management operations and logistics, supporting operational efficiency for enterprise and municipal clients.

Quantifiable outcome

• AI-powered building systems automatically adjust cooling based on real-time occupancy, reducing energy waste while maintaining user comfort
• +1 more outcomes

Named customers4 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Nine partnerships are on record, tiered flagship, core, major, strategic and supporting.

• Hong Kong University of Science and Technology (HKUST)flagshipStrategic or Co-development Partner · 8 July 2026Veolia signed Energy Performance Contract (EPC) with HKUST and Schneider Electric for low-carbon retrofit of Lee Shau Kee Business Building. Project uses AI-powered occupancy sensing for automatic cooling adjustment. Veolia and Bouygues-Dragages also signed Phase 2 MOU to extend collaboration to student residences and other campus buildings. Investment recovered over 15-year term through verified energy savings.
• Schneider ElectriccoreStrategic or Co-development Partner · 8 July 2026Consortium partner with Veolia in HKUST Energy Performance Contract for building decarbonization. Both companies jointly finance upfront investment and recover costs through verified energy savings.
• Bouygues-DragagescoreStrategic or Co-development Partner · 8 July 2026Partnered with Veolia and HKUST in Phase 2 MOU to extend building retrofit collaboration to student residences and campus-wide decarbonization efforts.
• Sun Hung Kai PropertiesmajorStrategic or Co-development Partner · 28 May 2026Strategic partnership to promote green energy initiatives, combining Veolia's environmental expertise with Sun Hung Kai's real estate development capabilities.
• CITIC PacificmajorStrategic or Co-development Partner · 28 May 2026Strategic partnership to promote green energy initiatives alongside Sun Hung Kai Properties and Veolia.
• Industry Leaders (Hydrogen Partnership)strategicStrategic or Co-development Partner · 18 May 2026Landmark MoU with industry leaders to accelerate Hong Kong's green economy through hydrogen initiatives.
• Team France ConsortiumflagshipStrategic or Co-development PartnerCoalition of French companies including Veolia, Schneider Electric, and Bouygues-Dragages, coordinated with French Consulate and InvestHK, to advance Hong Kong's path to carbon neutrality by 2050 through building decarbonization and green investment projects.
• Consulate General of France in Hong Kong and MacausupportingStrategic or Co-development PartnerProvides strategic advisory support for Team France green initiatives and facilitates partnerships with InvestHK for decarbonization projects.
• InvestHK (Hong Kong Investment Promotion)supportingStrategic or Co-development PartnerFacilitates foreign investment and partnerships for green economy initiatives, supporting Team France decarbonization projects in Hong Kong.

Scale indicators7 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• Towngas Smart Energy: Towngas Smart Energy provides distributed energy, district cooling/heating, and energy efficiency services in Hong Kong and mainland China, directly comparable to Veolia HK's district cooling system, building energy optimization, and solar/renewable energy offerings.
• China Everbright Water Limited: China Everbright Water is a leading Chinese player in wastewater treatment, water supply, and water-environment综合治理 projects, directly comparable in its water utility and treatment service offering to Veolia HK's water management business.
• Canvest Environmental Protection Group: Canvest Environmental Protection Group operates municipal solid waste collection, transfer, and waste-to-energy plants across southern China, including Hong Kong exposure, directly comparable to Veolia HK's municipal waste, sludge, and energy recovery from waste services.
• Beijing Enterprises Water Group Limited: Beijing Enterprises Water Group is a major China-focused water and wastewater treatment operator with expanding Hong Kong exposure, directly comparable to Veolia HK's municipal and industrial water management and water reclamation offerings.
• Baguio Waste Management & Recycling Limited: Baguio is a Hong Kong-based environmental services company providing waste collection, recycling, and cleaning services to government, commercial, and institutional customers — directly comparable in customer base and service offering to Veolia HK's waste and Macau urban sanitation business.
• SUEZ NWS Limited: SUEZ NWS is a Hong Kong-based joint venture of NWS Holdings and SUEZ that provides water, waste, and recycling services to municipal and industrial clients in Hong Kong and mainland China, directly overlapping with Veolia HK's water, waste, and municipal services portfolio in the same geography.

Emerging players

• GreenEarth Environmental Services: GreenEarth is a Hong Kong-based waste management and recycling company serving commercial, government, and event clients; it is an emerging local player in adjacent waste and recycling services that intersects with Veolia HK's waste management and Macau urban sanitation offerings.

Regional players

• China Water Affairs Group: China Water Affairs Group is a mainland China-focused water supply, sewage treatment, and environmental services operator; it is a comparable water utility peer from a neighboring mainland China geography with overlapping end customers and service lines.

Broad incumbents

• CLP Holdings: CLP Holdings is one of Hong Kong's largest investor-owned utilities providing electricity and increasingly energy services; it is a broad incumbent in the local energy market and a potential competitor for energy performance contracts and decarbonization work.
• NWS Holdings: NWS Holdings is a Hong Kong-listed infrastructure conglomerate with significant Hong Kong waste management, water, and environmental services operations, making it a broad incumbent competitor in the same territory and verticals as Veolia Hong Kong & Macau.

Market position

Strengths4 records

Weaknesses3 records

Competitive moat6 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/Veolia
• YouTubeyoutube.com/@veoliaasia
• LinkedInlinkedin.com/company/veolia-hongkong-macau

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Veolia Hong Kong & Macau