VIGIE 48 AS

What VIGIE 48 AS does

Veolia Environnement SA, the operating entity referenced under VIGIE 48 AS, is a publicly listed French environmental services company (Euronext Paris: VIE) and the global leader in ecological transformation, operating across water management, waste management, and energy services. The company serves two primary customer segments: municipal governments and cities (via public service delegations and concessions such as SEDIF in the Paris region) and industrial clients across mining, energy, oil & gas, automotive, food & beverage, technology, and consumer goods sectors (including Amazon, EDF, Renault, L'Oréal, Nestlé, TotalEnergies, and AngloGold Ashanti). Operations span more than 50 countries across 5 continents, supported by 216,000 employees referred to as "Ressourceurs," and a portfolio of wholly-owned specialty brands covering Air Quality, Nuclear Solutions, Hazardous Waste Europe, Industries Global Solutions, and Water Technologies.

The company's product and technology stack integrates physical infrastructure with proprietary digital and scientific capabilities. Core offerings include drinking water production and distribution, wastewater treatment and reuse (REUT), seawater desalination (targeting capacity doubling by 2030), hazardous waste treatment, PFAS destruction via the patented Drop® technology (effective up to 99.9999%) and the integrated BeyondPFAS offering, battery recycling, plastic recycling (PlastiLoop), and decarbonation solutions (GreenPath Zero Carbon with 100+ sustainable model solutions, Ecothermal Grid in the UK). Digital capabilities are anchored by the Hubgrade platform for AI-powered monitoring and optimization, enhanced by a 2024 strategic partnership with Mistral AI for generative AI deployment in resource efficiency management. Veolia also operates energy flexibility services (Flexcity), local energy production, and urban heating networks.

The business model is overwhelmingly managed-services driven, with revenue generated through long-term public service delegations, municipal concessions, and direct negotiated contracts with industrial clients. Pricing is contract-based and not publicly disclosed at a standardized rate. Veolia completed a transformative acquisition of Suez (formerly Vigie SA) in 2022, financed in part by a €2.5 billion capital increase and a €2.5 billion bond issuance, with subsequent equity strengthening from Caixa (5% stake) and Bpifrance (Lac1 fund) in 2024. The current GreenUp 2024-2027 strategic program explicitly targets accelerated growth, with stated ambitions including €1 billion annual revenue from data center and semiconductor markets by 2030 and major contract wins already disclosed in the UK (£1B+ waste in 2025), UAE ($320M desalination), and Hong Kong (€2B waste).

Name

VIGIE 48 AS

Legal name

Veolia Environnement SA

Website

https://veolia.com

Company type

Public

Founded year

2000

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

Veolia Environnement SA is a global environmental services company providing water, waste, and energy management solutions to municipal governments and industrial clients across 50+ countries, with proprietary technologies including Drop® PFAS destruction and the Hubgrade digital platform.

Ownership category

akta.pro rank

Product category

Environmental Services

NAICS

Water Supply and Irrigation Systems (22131), Sewage Treatment Facilities (221320)

SIC

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

akta.pro primary industry

Water Resources, WASH & Integrated Water Management (BPADALAH)

akta.pro secondary industries

Industrial Water Reuse Utilities (ZLD/MLD & Process Water Recycling) (EUANAGAG), Desalination Plant Construction (IMAFAGAG)

Keywords

• Environmental services
• Water management
• Waste management
• Energy services
• Ecological transformation

Headquarters

HQ city

Aubervilliers

HQ country

France

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Water Management: Production and distribution of drinking water, collection and treatment of wastewater, industrial water management, and water reuse solutions
2. Waste Management: Collection and sorting of waste, material recovery, industrial waste management, hazardous waste treatment and recovery
3. Energy Services: Local energy production and distribution, electrical flexibility with Flexcity, energy performance for buildings and industries, urban heating networks
4. Specialized Solutions: Nuclear Solutions, Hazardous Waste Europe, Industries Global Solutions, Air Quality, Agriculture, Engineering & Consulting

Go-to-market motion1 record

Distribution channels3 records

Marketing channels8 records

Core offering

VIGIE 48 AS (operating as Veolia Environnement SA) is a global environmental services company providing water management, waste management, and energy services to municipal governments and industrial clients across more than 50 countries. The company delivers integrated ecological transformation solutions including water production and treatment, waste collection and recovery, hazardous waste treatment, energy production and distribution, and decarbonation services.

Product overview

Veolia operates as a multi-service environmental solutions provider organized around three core activities: Water Management, Waste Management, and Energy Services. The company offers a diverse portfolio of specialized products and services including water treatment technologies (Hubgrade digital platform, BeyondPFAS, Drop®), energy solutions (GreenPath Zero Carbon, Flexcity), and waste management services (PlastiLoop, battery recycling). The offerings range from core operational services to advanced digital platforms and proprietary technologies, serving municipal clients, industrial customers, and specialized sectors like nuclear and hazardous waste. The strategic program GreenUp 2024-2027 drives innovation and growth across all business lines.

Differentiator

Problem solved

Functional benefit

Brands

• Hubgrade: Digital solutions and AI services for ecological transformation of cities and industries
• GreenPath Zero Carbon
• BeyondPFAS
• Veolia Cares
• GreenUp

Products and services

• Water Management Services Production and distribution of drinking water, collection and treatment of wastewater, industrial water management, and water reuse solutions for municipal governments and industrial clients.
• Waste Management Services Collection and sorting of waste, material recovery, industrial waste management, hazardous waste treatment and recovery for municipalities and industries.
• Energy Services Local energy production and distribution, electrical flexibility with Flexcity, energy performance for buildings and industries, urban heating networks serving municipalities and industrial clients.
• Hubgrade Digital Platform AI-powered digital solutions platform providing monitoring and optimization services for the ecological transformation of cities and industries.
• GreenPath Zero Carbon Comprehensive decarbonation platform offering over 100 solutions for sustainable energy transition, helping organizations achieve carbon neutrality through integrated energy management.
• Drop PFAS Destruction Technology Proprietary patented technology for targeted destruction of PFAS contaminants, achieving destruction rates of up to 99.9999% effectiveness in water treatment applications.
• BeyondPFAS Integrated Offering Integrated PFAS (per- and polyfluoroalkyl substances) treatment offering providing comprehensive solutions for detecting, removing, and destroying PFAS contaminants from water supplies.
• Seawater Desalination Sustainable seawater desalination solutions addressing water scarcity and climate change impacts, operated globally with capacity targeted to double by 2030.
• Reuse of Treated Wastewater (REUT) Reuse of treated wastewater solutions for industrial, agricultural, and municipal applications, helping address water security and reduce freshwater extraction.
• Battery Recycling Electric vehicle battery recycling services recovering valuable materials including metals through closed-loop processes, supporting the circular economy for EV components.
• Used Solvent Recovery Treatment and valorization of used solvents through recovery and regeneration processes, reducing environmental impact and recovering valuable chemical resources.
• Flexcity Electrical Flexibility Electric flexibility services providing grid reliability through demand response and energy storage optimization, helping balance electricity supply and demand.
• Nuclear Solutions Nuclear industry water treatment and waste management solutions including contaminated water treatment and nuclear facility decommissioning services.
• Hazardous Waste Europe Specialized hazardous waste treatment and recovery services across Europe for industrial clients.
• Air Quality Solutions Specialized air quality monitoring and management solutions for industrial and urban environments.
• Water Technologies Advanced water treatment technologies and solutions including equipment, systems, and services for industrial and municipal water applications.
• Engineering & Consulting Services Engineering and consulting services for environmental transformation projects across water, waste, and energy sectors.
• PlastiLoop Recycled Plastics Global recycled plastics offering accelerating the circular economy through plastic recycling and processing services for industrial customers.
• Industries Global Solutions Specialized environmental solutions for global industrial clients across multiple sectors.
• Ecothermal Grid Sustainable urban heating network solutions launched in the UK with a £1 billion project portfolio.
• Integrated Data Center Solutions Integrated environmental solutions for data center operators and semiconductor manufacturers, including water reuse for cooling, energy, and waste management.

Quantifiable outcome

• Target of 1 billion euros annual revenue from data centers and semiconductor markets by 2030
• +3 more outcomes

Named customers14 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration5 records

AI capability1 record

Feature6 records

Partnerships

14 partnerships are on record, tiered flagship, core, major and minor.

• AmazonflagshipStrategic or Co-development Partner · 1 January 2025Collaboration to deploy wastewater reuse for data center cooling. Strategic partnership targeting data center market expansion.
• TotalEnergiesflagshipStrategic or Co-development Partner · 1 January 2025Alliance for energy transition and circular economy. Joint biomethane production development and microalgae culture from CO2 for next-generation biofuels.
• Mistral AIcoreTechnology or Integration · 1 January 2024Partnership to revolutionize resource efficiency management through generative AI and accelerate ecological transformation.
• ADNOCmajorStrategic or Co-development Partner · 1 January 2024Strategic partnership with Abu Dhabi National Oil Company for water management optimization in UAE.
• AFD (French Development Agency)majorStrategic or Co-development Partner · 1 January 2024Strategic partnership to accelerate ecological transformation in developing countries.
• Science City Guangzhou Investment GroupmajorStrategic or Co-development Partner · 1 January 2023Agreement to establish a decarbonation innovation project in China.
• Saudi Investment Recycling CompanymajorStrategic or Co-development Partner · 1 January 2023MoU to create regional champion for waste treatment in Saudi Arabia.
• EnagásmajorStrategic or Co-development Partner · 1 January 2023World first urban cold recovery network from LNG terminal in Barcelona.
• Waga EnergymajorStrategic or Co-development Partner · 1 January 2023One of Europe's largest biomethane production units from waste.
• EDF (Waste2Glass)coreStrategic or Co-development Partner · 1 January 2023Joint venture to develop innovative radioactive waste treatment solutions.
• Solvay (Dombasle Énergie)majorStrategic or Co-development Partner · 1 January 2023Energy transition project partnership with Solvay.
• SuezflagshipStrategic or Co-development Partner · 1 January 2022Acquisition and merger completed - Veolia absorbed Vigie SA (formerly Suez SA), creating global ecological transformation champion.
• SaurminorChannel Partner/ Reseller/ Distributor · 1 January 2022Sale of mobile water services in Europe to Saur.
• Séché EnvironnementminorChannel Partner/ Reseller/ DistributorCession of industrial water treatment services in France to Séché Environnement.

Scale indicators11 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Clean Harbors: Clean Harbors provides hazardous-waste management, industrial waste services, and environmental remediation. It is a strong comparator for Veolia's hazardous-waste treatment, industrial environmental services, and PFAS response capabilities.
• Republic Services: Republic Services is a large environmental-services company focused on collection, recycling, and disposal. It offers a directly relevant benchmark for Veolia's waste collection, sorting, recovery, and industrial waste-management operations.
• SUEZ: SUEZ is a historically direct peer focused on water and waste management services for municipal and industrial customers. Veolia's absorption of the former Suez business makes it the closest strategic benchmark, although it is no longer a fully independent head-to-peer comparison.
• Saur: Saur provides water, wastewater, and related environmental infrastructure services, particularly through municipal and industrial contracts. Its water-focused service model and concession exposure make it directly comparable to Veolia's core municipal water operations.
• Waste Management: Waste Management provides solid-waste collection, treatment, recycling, and disposal services with a large operating footprint. Its scale and municipal-contract model are comparable to Veolia's integrated waste-management activities.
• Xylem: Xylem develops water-transport, treatment, and smart-infrastructure technologies for utilities and industries. Its technology-led water portfolio overlaps with Veolia Water Technologies and its municipal and industrial treatment offerings.
• Séché Environnement: Séché Environnement operates in waste treatment, hazardous-waste recovery, and environmental services. Its specialization in complex and hazardous waste treatment closely overlaps with Veolia's industrial and hazardous-waste activities.
• Ecolab: Ecolab supplies water treatment, hygiene, and process-improvement solutions to industrial and institutional customers. It is a relevant operating and technology comparator for Veolia's treatment chemicals, water technologies, and industrial process-solutions business.

Broad incumbents

• ACCIONA: ACCIONA operates across water treatment, waste services, renewable energy, and sustainable infrastructure. Its mixed environmental-services portfolio overlaps with Veolia's water, waste, and decarbonization activities, although its renewable-energy mix is larger.
• Engie: Engie is an established energy and utilities group that also provides energy-efficiency and local-energy solutions. It is a broad incumbent comparator for Veolia's energy-services business, though it has less emphasis on integrated water and waste operations.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xtwitter.com/veolia
• YouTubeyoutube.com/user/veoliaenvironnement
• LinkedInlinkedin.com/company/veolia-environnement

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries6 records

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 VIGIE 48 AS