(Corrects spelling of company name and locations of plants
in story originally published on Nov. 4.)
(Bloomberg) — Veolia Environnement SA, a French water and
energy management company, won contracts to operate two biomass
power plants in northern Japan.
Takeei Corp. is developing the two plants, which will use
wood from neighboring forestry industries, Veolia said in a
statement Wednesday. The Hirakawa plant will start operations
this month and the Hanamaki facility is scheduled to start
running in December 2016.
The two contracts, signed for 20 years, represent a
cumulative revenue of 90 million euros ($98 million) for Veolia,
according to the statement.
Takeei, based in Tokyo, has said in statements the plants
will have 6 megawatts of capacity each.
To contact the reporter on this story:
Chisaki Watanabe in Tokyo at
To contact the editors responsible for this story:
Reed Landberg at