Veolia Environnement is working with the District of Columbia Water & Sewer Authority to find $8 million to $12 million in annual savings and says it sees “a lot of prospects” to help large US cities optimize their water management, Bloomberg reports.
Europe’s biggest water company also has a deal with New York that could eventually save more than $100 million per year, and one with Pittsburg, according to the news agency. The deal with DC Water is worth $1.2 million over 18 months.
Veolia says it is hoping to strike similar deals with additional big cities by its offering management expertise and connections to its global supply chain. This model is preferable to cities, compared to a public-private partnership where a company takes over a city’s water assets, Veolia says.
In addition to its management expertise, Veolia’s wastewater treatment processes improve efficiency and reduce costs, the company says.