Veolia Environnement VE SA

Veolia successfully tapped the bond market in a two-tranche transaction totaling €1.15 billion, comprising a 4-year bond for 650 million euros with a coupon of 3.678% and an 8-year bond for 500 million euros with a coupon of 4.088%. The operation attracted more than 250 orders, with overall demand peaking at 3.4 billion euros, reflecting strong oversubscription and investor confidence in Veolia's financial solidity and growth outlook. Deputy CEO Emmanuelle Menning highlighted the excellent terms achieved despite a busy market, attributing the response to trust in Veolia's business model as a global leader in ecological transformation. The company, which serves 110 million people with drinking water and generated €44.4 billion in revenue in 2025, continues to leverage favorable conditions for fundraising.

Veolia has been selected by a major project developer to operate and maintain a 350-megawatt microgrid that will power an AI data center campus in Ohio without relying on the traditional electric grid. The microgrid combines on-site generation with a 430 megawatt-hour battery energy storage system to deliver 100% of the facility's power, targeting 99.9% availability and supporting continuous AI operations. Veolia will oversee operations integration, commissioning support, and long-term plant operations under a performance-based model, with a dedicated on-site workforce of 35 to 40 full-time personnel. The project builds on Veolia's Data Center Resource 360 offer and aims to reduce pressure on constrained public electricity networks while accelerating speed-to-power for developers facing interconnection queues that average nearly five years.

Veolia reported first-half net income attributable to the group of €682 million, up from €657 million a year earlier. EBITDA grew 5.0% to €3.552 billion, while current net income attributable to the group rose 10.4% at constant forex rates to €837 million. Revenue increased 0.8% at constant scope and forex to €22.19 billion, or 1.5% excluding energy price impacts. The company also announced improved 2026 targets, including organic EBITDA growth of 5% to 6% and minimum 8% growth in current net income group share at constant forex including Clean Earth, with the Clean Earth acquisition becoming accretive to current net income from 2027.

The global data center water and wastewater treatment equipment market is projected to grow from $3.30 billion in 2026 to $5.90 billion by 2031, a compound annual growth rate of 12.3 percent. Growth is driven by accelerating data center construction, rising cooling-water requirements, regulatory pressure, regional water scarcity, and stronger corporate sustainability commitments. Chemical treatment and conditioning systems are expected to hold the largest equipment type share, while cooling water treatment leads among treatment stages. North America is anticipated to remain the largest regional market, supported by an advanced data center ecosystem and continued construction by major cloud service providers. Leading companies include Veolia, Ecolab, Xylem, Solenis, and Saltworks Technologies.

Enviri Corporation rang the Closing Bell at the New York Stock Exchange to celebrate its debut as an independent, publicly traded environmental and rail solutions company. President and CEO Russell Hochman and senior leadership gathered for the event, which follows the June 1, 2026 completion of Enviri's transition into a standalone entity after the $3.04 billion sale of its Clean Earth division to Veolia Environnement SA. The company's common stock began trading on the NYSE under the ticker NVRI on June 2, 2026. Enviri now operates two core businesses, Harsco Environmental and Harsco Rail, across more than 30 countries, and enters this new chapter with a conservative capital structure and expectations of meaningful earnings growth.