Veolia is a global company with a mission focused on ecological transformation. Operating across five continents, Veolia designs and delivers solutions aimed at decarbonizing industries and communities, conserving and restoring natural resources, and cleaning environments. The company works with municipal and industrial customers to address major global challenges, including water scarcity, pollution, and efficient resource management.
Headquartered in Paris, France, Veolia employs approximately 215,000 “Resourcers” around the world. Its purpose is to be a standard-bearer for ecological transformation, providing essential services across its core business areas: water, waste, and energy. Veolia is listed on the Paris stock exchange, reflecting its position as a significant player in the environmental solutions sector.
Battery Technology
Veolia plays a role in the electric vehicle battery value chain, particularly in the processing and recycling of lithium-ion batteries. Through its subsidiary, Veolia Water Technologies, the company develops advanced methods for extracting and purifying lithium, producing the high-purity lithium salts necessary for battery production. This includes the use of technologies like HPD® crystallization for both virgin lithium production and recycling processes. For instance, Veolia’s crystallization technology is used at a Li-Cycle plant in New York to recycle materials from used EV batteries.
The company is also active in safe and circular lithium-ion battery recycling. Veolia operates facilities globally that use hydrometallurgical and mechanical separation techniques to recover valuable metals such as cobalt, nickel, and lithium from spent batteries. With over a decade of experience in hydrometallurgical processes, Veolia aims to maximize the recovery and purity of these materials, allowing them to be re-introduced into the supply chain and reduce the need for newly extracted resources. Veolia also forms alliances, such as with Groupe Renault and Solvay, to create closed-loop recycling systems for EV batteries, combining expertise in dismantling, chemical extraction, and battery lifecycle management.
Recent Projects
In recent developments, Veolia Water New Jersey reached an agreement to acquire Manalapan Township’s water system. This acquisition will add service for 3,500 customers. The transaction is valued at $4 million, with plans for additional investments exceeding $28 million in infrastructure over the initial ten years. This agreement is anticipated to conclude in late 2025, following necessary regulatory clearances.
Another significant development involves Veolia forming a collaboration with Mistral AI to integrate advanced AI language models into the oversight of its water, waste, and energy facilities. This initiative aims to improve operational efficiency, refine predictive maintenance strategies, and enable proactive problem resolution through intuitive, real-time dialogue systems. Veolia’s Chief Executive Officer noted the importance of AI in achieving innovation and tackling climate change concerns.
Investors
Veolia’s shareholder base includes a number of notable institutional investors globally. Major shareholders include BlackRock, Inc., Natixis Investment Managers International, Goldman Sachs International (Investment Management), Caisse Des Dépôts & Consignations, and CriteriaCaixa SA. Amundi Asset Management SASU also holds a significant stake in the company.
In March 2025, CriteriaCaixa acquired a 5% stake in Veolia, securing representation on its board of directors. Bpifrance and its Lac1 fund also became investors during the same period. As of April 30, 2025, Veolia reported over 740 million shares outstanding.
Business Details
Location: Paris, France
Website: https://www.veolia.com/en
LinkedIn: https://www.linkedin.com/company/166785
