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A player in sustainable development - Dalkia

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BUSINESS ACTIVITIES<br />

Energy Services<br />

Veolia Energy (<strong>Dalkia</strong>) aga<strong>in</strong> recorded double-digit<br />

growth between 2006 and 2007. Revenue rose 12.7%<br />

to €6.9 billion and the division cont<strong>in</strong>ued its vigorous<br />

external growth.<br />

KEY FIGURES<br />

€6,896.4 million <strong>in</strong> revenue<br />

38 operat<strong>in</strong>g countries<br />

54,375 employees<br />

700 local heat<strong>in</strong>g<br />

and cool<strong>in</strong>g networks<br />

102,700 energy systems managed<br />

3,900 <strong>in</strong>dustrial sites<br />

21,500 educational, cultural,<br />

sport and leisure establishments<br />

5,000 healthcare <strong>in</strong>stitutions<br />

European leader<br />

<strong>in</strong> energy services<br />

<strong>Dalkia</strong>’s position<strong>in</strong>g is underp<strong>in</strong>ned<br />

by its two ma<strong>in</strong> areas of expertise –<br />

its orig<strong>in</strong>al expertise as an operator<br />

off er<strong>in</strong>g performance guarantees and<br />

that of a designer of high-performance<br />

systems. Build<strong>in</strong>g on that expertise,<br />

<strong>Dalkia</strong> is now position<strong>in</strong>g itself as<br />

an <strong>in</strong>tegrator of tomorrow’s energy<br />

solutions. Its job is to take responsibility<br />

for energy management at its clients’<br />

sites, while guarantee<strong>in</strong>g to optimize<br />

both consumption and the<br />

environmental impacts. <strong>Dalkia</strong>’s goal<br />

is to be a crucial <strong>player</strong> <strong>in</strong> the<br />

<strong>development</strong> of <strong>in</strong>novative energy<br />

solutions that will reduce pollut<strong>in</strong>g<br />

and greenhouse gas emissions.<br />

60 2007 ANNUAL REPORT VEOLIA ENVIRONNEMENT<br />

Energy and environmental<br />

optimization<br />

The reality of climate change has been<br />

fi rmly established. There are two other<br />

planetary challenges as well: grow<strong>in</strong>g<br />

urbanization and the <strong>in</strong>creas<strong>in</strong>g scarcity<br />

of fossil fuels, which is caus<strong>in</strong>g their<br />

prices to rise.<br />

<strong>Dalkia</strong>, which manages more than<br />

100,000 energy systems, is placed at the<br />

po<strong>in</strong>t where these three challenges<br />

converge. The division works very closely<br />

with its clients, with<strong>in</strong> their energy<br />

systems and build<strong>in</strong>gs, and <strong>in</strong> the heart<br />

of cities, to purchase, transform and<br />

optimize energy. Its activities range from<br />

defi n<strong>in</strong>g needs to upgrad<strong>in</strong>g and<br />

operat<strong>in</strong>g equipment and systems.<br />

Whenever possible, <strong>Dalkia</strong> employs<br />

solutions based on renewable energy<br />

sources. The ga<strong>in</strong>s made <strong>in</strong> both energy<br />

and environmental performance by<br />

work<strong>in</strong>g with <strong>Dalkia</strong> enable clients to<br />

take advantage of the opportunities<br />

associated with manag<strong>in</strong>g CO2 emission<br />

quotas and energy sav<strong>in</strong>g certifi cates.<br />

<strong>Dalkia</strong>’s model re<strong>in</strong>forced<br />

<strong>Dalkia</strong> is cont<strong>in</strong>u<strong>in</strong>g to expand <strong>in</strong> Central<br />

and Eastern Europe. It acquired EKO<br />

(the Kol<strong>in</strong> heat<strong>in</strong>g network) <strong>in</strong> the Czech<br />

Republic, and Pannonpower and S<strong>in</strong>esco<br />

<strong>in</strong> Hungary. The division set up <strong>in</strong> Bulgaria<br />

through the acquisition of the district<br />

heat<strong>in</strong>g company <strong>in</strong> Varna, the country’s<br />

third-largest city. In the United K<strong>in</strong>gdom<br />

and Ireland, its bus<strong>in</strong>ess <strong>in</strong> energy<br />

management cont<strong>in</strong>ued to grow, with<br />

the acquisition of cogeneration systems.<br />

Similar <strong>development</strong>s took place <strong>in</strong> Lat<strong>in</strong><br />

America, where energy services are<br />

provided as well as management of<br />

shopp<strong>in</strong>g malls and hospitals.<br />

Veolia Energy became a major operator<br />

<strong>in</strong> the United States by acquir<strong>in</strong>g<br />

Thermal North America Inc., that<br />

country’s lead<strong>in</strong>g manager of heat<strong>in</strong>g<br />

and cool<strong>in</strong>g networks. It is also active <strong>in</strong><br />

Ch<strong>in</strong>a, where it manages two large<br />

heat<strong>in</strong>g networks, <strong>in</strong> Jiamusi and Harb<strong>in</strong>.

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