Veolia Sees More Water-Management Deals in U.S. Cities, CEO Says

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Veolia Environnement SA, Europe’s biggest water company, sees “a lot of prospects” to help large U.S. cities optimize their water management, according to its chief executive officer.

Veolia is working with the District of Columbia Water & Sewer Authority to find $8 million to $12 million in annual savings primarily through improvements to the Washington Aqueduct, the company said today in a statementBloomberg Terminal. It has similar deals with PittsburghBloomberg Terminal and New York, the latter of which eventually could save more than $100 million per year.