This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Veolia Water North America Celebrates Forty-Year Relationship With The City Of Burlingame

Stocks in this article: VE

Under its groundbreaking contract, Veolia oversees the city's wastewater treatment facilities, which includes a 5.5 million-gallons-per-day (MGD) activated sludge treatment plant, a lift station, landfill gas collection and treatment, the land application of 475 dry tons per year (dtpy) of biosolids, and a stormwater pollution prevention program. Additionally, Veolia oversaw the installation of a new co-generation power system that creates electricity onsite by using methane gas naturally produced by the wastewater treatment process.

The company has also assisted in the management of significant capital improvements to the plant infrastructure, including an $11.2M reliability improvement project, a $6.5M storm water retention basin installation, and a $330,000 centrifuge installation.

Of the partnership, City Manager Jim Nantell remarked during Burlingame’s Aug. 20 City Council meeting that, If you take a look at all of our cost centers in the City and you take a look at how they have grown or not grown, Veolia has kept the costs down bar none - beyond anything else we’ve been able to do in the City. They’ve been a great partner and we appreciate it.”

In addition to operational excellence, Veolia has lent strong philanthropic support to the community of Burlingame. Local plant staff and leadership have worked with Burlingame High School to establish a Sewer Science Course and awarded $30,000 in scholarships to school students. For the past 11 years, the company has sponsored the Bay Front Clean-Up, which has resulted in the removal of more than 70 tons of debris in that period. In August of this year, Veolia presented a $5,000 check to sponsor Burlingame’s free Music in the Park Concert Series. The company stepped in nine years ago to support the popular event on an annual basis when finances threatened to shut it down.

“This anniversary marks a very important moment in the history of water treatment,” said Laurent Auguste, president and CEO, Veolia Water Americas. “Burlingame literally pioneered an entirely new model for providing important environmental services to cities. This partnership has helped establish greater synergies between public employees and the companies that are constantly creating and evolving new technologies and services. The public-private partnership model that was launched there in 1972 has since expanded in many directions, ensuring a wide range of solutions-driven partnership models designed to meet the different needs of cities. From New York City to Honolulu, the public is benefiting from these collaborative partnerships. We’re obviously very pleased to say that it all began in Burlingame.”

2 of 3

Select the service that is right for you!

Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 18,053.71 +23.50 0.13%
S&P 500 2,088.77 +6.89 0.33%
NASDAQ 4,806.8590 +33.3870 0.70%

Brokerage Partners

Rates from

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs