Bloomberg reports that the French water company Veolia Environnement SA is “considering bidding for RWE AG’s water business in the U.S.,” which is American Water Co., of which Illinois American Water is a part. This is the first company to consider purchasing American Water since RWE put it up for sale last November.
Veolia is a supplier of water to about 110 million people. They have a presence on every continent. In the U.S., they currently provide water for certain municipalities in Indiana, Georgia, Alabama, Oregon, Texas, Florida, and even right here in Illinois — in Edwardsville.
This company also runs some of the largest landfills in the world…maybe we can make it a perfect deal for them, and sell them the PDC #1 site.