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Stock impact report

Veolia Drives the Czech Coal Exit with a Multi-Energy Transformation in Karviná

VEOLIA ENVIRONNEMENT ADR (VEOEY) 
NASDAQ:AMEX Investor Relations: veolia.com/en/veolia-group/finance-area
Company Research Source: Business Wire
Veolia is transforming the Karvina plant into a multi-energy plant, eliminating coal use by 2029, while serving approximately 50,000 householdsBased on local and circular energy sources, the new system will significantly reduce annual CO2 emissions by 200,000 tonnes while ensuring long-term price stability and air quality improvements for the Karviná and Havírov regionsThis landmark project serves as a cornerstone of Veolia’s broader “New Urban Energy” development effort, aiming to position the Group as the European leader in district heating and achieve a full coal exit across the continent by 2030 PARIS--(BUSINESS WIRE)--Regulatory News:Veolia (Paris:VIE) is entering the final stage of the transformation of its Karviná heating plant, with the objective of achieving a full coal exit by 2029, while serving approximately 50,000 households. Building on a successful first phase that already reduced coal consumption by nearly a quarter, the project now focuses on deploying a multi-ener Show less Read more
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