Press Releases

In the context of a resurgence of the Covid-19 epidemic, SUEZ is deploying an offer to monitor the presence of SARS-CoV-2 in wastewater networks. Developed by the Group's scientific and technical research teams, this innovative system enables local authorities to better assess the circulation of the virus on their territories and to better anticipate the health measures to implement at the neighborhood level.

SUEZ and PreZero, the environmental division of Schwarz Group announce today that they have:

 > Entered into a memorandum of understanding (MoU) to explore possibilities to develop strategic partnerships promoting innovative waste management solutions to accelerate the development of the circular economy in Europe; and
> Signed an agreement to enter into exclusive negotiations for the sale of SUEZ Recycling & Recovery operations - excluding plastic recycling and hazardous waste treatment activities - in four continental Europe countries: the Netherlands, Luxembourg, Germany and Poland.

With this new announcement, SUEZ has now achieved around 40%¹ of the asset rotation target announced last October as part of its SUEZ 2030 strategic plan and has found, with PreZero, a new environment that will benefit to the development of the business and its employees.

SUEZ, through its subsidiary Aguas Andinas S.A., has agreed with Algonquin Power & Utilities Corp (“APUC”) to dispose its entire stake of 53.51% in Empresa de Servicios Sanitarios de Los Lagos S.A. (“ESSAL”) as part of a takeover bid. The total enterprise value implied by the takeover bid amounts to US$ c.295m.

Today, Loop Industries (Nasdaq: LOOP), a leading innovator in sustainable plastics technology, and SUEZ, a world leader in environmental services, announce plans to build the first Infinite Loop recycling facility in Europe. Based on enhanced recycling, the partnership will combine the resource management expertise of SUEZ and Loop’s unique breakthrough technology for the production of virgin quality, food grade, 100% recycled and infinitely recyclable plastic. Located in Europe, the new facility will offer a sustainable and truly needed solution to global consumer goods companies.

The Board of Directors of SUEZ met yesterday and, after a thorough review, unanimously¹ concluded that the hostile approach, announced by its competitor Veolia on August 30th 2020, is against the best interests of SUEZ and all its stakeholders, and in particular its shareholders, its employees and its clients. The Board affirms its full support to the management team.
The Group will shortly update the market on the progress of the SUEZ 2030 plan and is reviewing options to accelerate this strategy in the interest of all its stakeholders.

As part of the UN's International Day of Clean Air for blue skies and the call for projects “Innovons pour l’air dans les bâtiments publics” (“Let’s innovate for air quality in public buildings”) launched by the Île-de-France Region, Valérie Pécresse, President of the Île-de-France Region, Karl Olive, Mayor of Poissy, and Diane Galbe, Senior Executive Vice President of SUEZ in charge of Strategy and the global Business Unit, Smart & Environmental Solutions, unveil an innovative solution developed by SUEZ to improve air quality in schools, commissioned in the courtyard of the Victor Hugo elementary school in Poissy.

SUEZ has agreed with AMP Capital, UniSuper and Macquarie Prism to dispose of 4.8% of its stake in AquaSure, Victorian Desalination Plant (VDP) public-private partnership project in Australia, for a cash consideration of c.AU$76m. The disposal is expected to complete in Q3 2020. After completion, SUEZ remaining shareholding in AquaSure will be 6.9%. Going forward, the Group will continue to focus on providing water services to Australia’s populations and industry.

In response to the press release published by its competitor Veolia on Sunday, the Board of Directors of SUEZ met today, August 31st, 2020.

With many new contracts and high order backlog for an amount of c. €860 million since the beginning of the year, SUEZ boosts its growth in the industrial sector, especially in 6 priority markets: Food & Beverage, Chemicals, Construction, Decommissioning & Materials, Energy, Pulp & Paper and Mining & Metals.