Suez Environnement to Operate Canada Recycling Facility

Suez Environnement Co. (SEV), the water and solid-waste company part-owned by GDF Suez, agreed to a five-year, 54 million-euro ($75-million) contract to operate a recycling center in Canada.

Under the contract with the city of Edmonton, Alberta, Suez’s Sena Waste Services will separate garbage into organic matter for composting, waste destined for landfills and materials that can be converted into ethanol at an on-site biofuel facility, Paris-based Suez said in a statement today.

“They are trying to divert as much as possible away from black bags” of garbage, Bertrand Camus, chief executive officer of the company’s North American unit, said today in an interview at Bloomberg’s headquarters in New York. It’s part of the city’s effort to develop a more sustainable trash strategy.

GDF Suez (GSZ), the French energy company, is Suez Environnement’s largest shareholder with a 36 percent stake, according to data compiled by Bloomberg.

To contact the reporter on this story: Will Wade in New York at

To contact the editors responsible for this story: Randall Hackley at Tina Davis, Jasmina Kelemen

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.