Veolia has won two contracts to operate two biomass power plants in northern Japan in partnership with Takeei.
The two 20-year contracts represent total cumulative revenue of €90 million (US$96 million) for Veolia. The two facilities, located respectively in Hirakawa and Hanamaki cities in the Tohoku region, will produce 100 GWh of electricity per year, equivalent consumption of 22,000 households.
These two contracts are based on the circular and local use of resources: the wood used to fire the boilers comes from neighboring forestry industries, thanks to Takeei’s local knowledge and network. Veolia will manage the overall operations, including employees that will work permanently at the two facilities.