Veolia North America closing Indy office in consolidation effort
Veolia North America, a utility giant that operated water and wastewater operations in Indianapolis from 2002 to 2010, is closing a local office that employs about 90 people.
Veolia
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Water, sewer utilities stink up Citizens’ earnings
The biggest contributor to an $11.8 million loss in 2012 was the wastewater unit it bought from the city the year before.
Industrial support for utility sale to cost $1.5 million
The price to get big industrial firms like Eli Lilly and Co., National Starch and Rolls-Royce Corp. to support the sale of the city’s water and sewer utilities to Citizens Energy Group is at least $1.5 million.
Water employee: Veolia falsified records to get bonuses
Testimony is part of effort to deny Veolia Water $29 million contract termination fee as part of utility sale. Group claims salaried employees owed millions of dollars.
Group opposes city plan to pay water manager Veolia $29M
The city should refuse to pay the contract-termination fee given alleged defaults by Veolia, the consumer group says. Veolia is out after city sells the water company to Citizens Energy Group.
Veolia losing water contract, will get $29M termination fee
Playing a limited role under Indianapolis Water's new owner, Citizens Energy, wouldn't be profitable, Veolia says. Citizens plans to make job offers to "substantially all" Veolia employees.
Water, sewer utility sale passes another hurdle
Sale of city's water and sewer utilities faces showdown on Monday with full council vote.
State cites Veolia Water over safety concerns
Veolia Water is contesting three "serious" safety penalties involving a gas line strike. IOSHA alleges utility failed
to instruct employees and properly determine location of lines.
Veolia concessions worry regulators
Testimony filed in Indianapolis Water Co.’s rate case shows the city in 2007 agreed to take on millions of dollars in costs
from the private firm it hired to operate the utility, including $48 million in retiree medical plan obligations.
Waterworks board wants outside review of mayor’s utility plan
The waterworks board’s plan to hire outside consultants to study the proposed sale of Indianapolis Water could delay the deal.
City approval of Citizens Energy deal could come in May
Citizens Energy should have completed the majority of its due diligence of the city’s water and sewer utilities, which
it plans to acquire, by the end of this month.
Department of Waterworks chief to address canal concerns
Matthew Klein has agreed to serve on a panel discussion concerning the canal: “Indy’s Central Canal—public
resource
or private pipeline?” during the Indiana University Law Environmental Symposium, April 1 at IUPUI’s Inlow Hall.
Consultant: Indianapolis water utility lax in overseeing Veolia
The city too often relied on the Department of Waterworks’ board, on consultants and on the private
operator, Veolia Water, rather than on the department’s own staff “to ensure safe and efficient
operation, maintenance and management” of Indianapolis Water. That’s one of several critical
findings of a consultant hired by the department and filed as part of a 35-percent rate-hike request
pending before the Indiana Utility Regulatory Commission.
City receives host of sale, privatization ideas for water, sewer utilities
Officials grappling with a water utility deep in debt and a sewer infrastructure needing upwards of $2 billion in
upgrades were swamped with proposals about how to fix the mess.
Water utility wants millions for treatment-plant upgrade, dam repair
Already swamped with higher debt costs due to a bond refinancing fiasco, the city’s Department of Waterworks is asking
the Indiana Utility Regulatory Commission to OK a rate hike to pay for capital projects.
Veolia appeals regulators’ rate-hike decision
Veolia Water Indianapolis, which manages the city’s water utility, has appealed an order issued by state utility regulators
that limited a major rate increase sought by the city.
Indianapolis Waterworks’ rate hike request excessive, critics say
Customer groups say an 18-percent rate hike sought by the Indianapolis Department of Waterworks is excessive even for a utility
drowning in variable-rate bond debt that’s swelled since financial markets collapsed.
National City Center nabs Veolia
Paris-based utilities giant Veolia Water has reached a deal to move its North American headquarters into the 16-story National
City Center, providing a boost to a downtown building still reeling from the loss of Simon Property Group Inc.